Tough Economic Conditions Can't Hold United Breweries Back [The Motley Fool]
Compania Cervecerias Unidas, S.A. (CCU)
US:NYSE Investor Relations:
unitedbreweries.com/investors
Company Research
Source: The Motley Fool
The Chilean beverage maker was able to grow sales and profits despite a challenging environment. Compania Cervecerias Unidas ( NYSE:CCU ) is a diversified beverage company that does business throughout much of South America. Headquartered in Chile, the company known in English as United Breweries has much of its fortunes tied to the local economies. When times are tough, United Breweries has to work harder in order to make progress with its growth, and lately, finding a path to prosperity has become more of a struggle for the beverage maker. Coming into its second-quarter financial report, United Breweries investors wanted the company to rebound from sluggishness earlier in the year. The beverage maker saw good gains that pointed toward a recovery even though company executives cited difficult conditions in some of its key markets. Let's take a closer look at United Breweries and what drove its performance during the quarter. Image source: Compania Cerveceria
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CCU
News
- Anheuser-Busch InBev S.A. ADR falls Wednesday, underperforms market [MarketWatch]MarketWatch
- Anheuser-Busch InBev S.A. ADR rises Monday, outperforms market [MarketWatch]MarketWatch
- Compañía Cervecerías Unidas S.A. (NYSE: CCU) was downgraded by analysts at StockNews.com from a "strong-buy" rating to a "buy" rating.MarketBeat
- Anheuser-Busch InBev S.A. ADR outperforms market on strong trading day [MarketWatch]MarketWatch
- Anheuser-Busch InBev S.A. ADR falls Monday, still outperforms market [MarketWatch]MarketWatch
CCU
Sec Filings
- 4/30/24 - Form 20-F
- 4/2/24 - Form 6-K
- 3/12/24 - Form 6-K
- CCU's page on the SEC website