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0 -0.000285268152062808 -0.000735691550056939 -0.00253738514203347 -0.00689147798931 -0.00663323524112667 -0.00301258182691724 -0.00428502792625061
Stock impact report

What the lockdown means for alcohol stocks [MSN Money]

Diageo plc (DEO) 
US:NYSE Investor Relations: diageo.com/en/investors
Company Research Source: MSN Money
Alcohol sal have surged in the United Stat as people try to raise their spirits or pass the time while stuck at home during the pandemic.© Justin Sullivan/Getty ImagMinibar Delivery – a website and app that facilitat home delivery of alcohol – has be riding this wave. From March through April , Minibar saw overall sal rise by nearly 50% compared to the previous month as orders more than doubled and new customers grew by nearly sevfold.Load Error"People are trying to make occasions to drink," Minibar CEO Lindsey Andrews says.It's not just online alcohol sal that are up. Total domtic liquor sal at retail outlets like grocery and package stor – which do include alcohol ordered online – were up 5% in the week ding April compared with a year ago, according to market rearch firm Niels. That's ahead of the % surge in retail sal the firm timat would be necsary to replace sal from the collapsed market that includ rtaurants and bars.That's a good sign for alcohol producers, which have se thei Show less Read more
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