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Bloomberg Intelligence
A-Rod Convo, Amazon Shareholder Letter
Apr 11, 2024
Bloomberg's experts delve into Amazon's shareholder letter, the value of public school education, and insights on Constellation earnings. A-Rod and Jason Kelly chat about workplace dynamics and the challenges in women's sports broadcasting.
43:28
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Quick takeaways
- Constellation Brands focuses on beer sales growth and debt reduction, driving stock increase.
- Cannabis market shows steady sales growth but faces profitability challenges due to regulations.
Deep dives
Constellation Brands Reports Positive Earnings, Led by Strong Beer Sales
Constellation Brands, known for brands like Corona and Medello, reported positive earnings with beer sales up 11%. However, wine and spirits sales were weaker. The company is focusing on reducing debt, expanding brewery operations, and increasing dividends, driving a 10.6% stock increase.
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