Retailers ask where are all the trucks? [Seeking Alpha]
Constellation Brands, Inc. (STZ)
Last constellation brands, inc. earnings: 4/3 07:30 am
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Source: Seeking Alpha
Today, 9:03 AM Retailers ask where are all the trucks? While retail sales are on an uptrend an unexpected obstacle has emerged that could threaten inventory and distribution in the form of a shortage of trucking in the U.S. The Wall Street Journal's Jennifer Smith observes that Constellation Brands (NYSE: STZ ), Campbell Soup (CPB and J.M. Smucker (NYSE: SJM ) have all pointed to rising freight costs amid tight truck supply in their recent earnings conference calls. There are also many anecdotal reports of stores lacking some products due to trucking delays. The pickup in retail sales coincided with a new federal safety rule that requires truck drivers to track their hours behind the wheel with electronic logging devices (called ELDs). Today, 9:03 AM Today, 2:31 AM Tesla denies Model 3 production issues Tesla (NASDAQ: TSLA ) in extended trading on Thursday after squashing a CNBC report that described fur
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News
- Spirits Sales Have Fallen This Year as the Industry Faces a New Normal [Yahoo! Finance]Yahoo! Finance
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- Has Bud Light survived the boycott? Year after influencer backlash, positive signs emerge [Yahoo! Finance]Yahoo! Finance
- Has Bud Light survived the boycott? Year after influencer backlash, positive signs emerge [USA TODAY]USA TODAY
- Bud Light sales still falling as Modelo, Coors fight to keep their gains [Yahoo! Finance Canada]Yahoo! Finance Canada
STZ
Earnings
- 4/11/24 - Beat
STZ
Sec Filings
- 5/7/24 - Form 4
- 5/3/24 - Form 144
- 5/3/24 - Form 4
- STZ's page on the SEC website