A Look Back at Beverages, Alcohol, and Tobacco Stocks’ Q4 Earnings: Brown-Forman (NYSE:BF.B) Vs The Rest Of The Pack
Let’s dig into the relative performance of Brown-Forman (NYSE:BF.B) and its peers as we unravel the now-completed Q4 ...
InBev Has Consolidated Its Way to the Top
InBev has a broader footprint than most of its brewing peers, reducing its geographic concentration risk. However, we estimate almost half of InBev's revenue stems from emerging markets, which are ...
Ambev’s Unrivaled Positioning in Latin America Supports Its Wide Moat
Ambev generates high levels of cash flow, with free cash flow margin averaging 26% over the last decade. This is ahead of its multinational peers, including Heineken and Carlsberg. We expect the firm ...