- Anheuser-Busch InBev (BUD -0.4%), Boston Beer (SAM -0.3%), Craft Brew Alliance (BREW -1.6%) and Molson Coors (TAP -2%) are all lower after Nielsen data showed softness in the beer category.
- Beer dollar sales in the 4-week tracking period fell 2.9%. A volume decline of 3.5% was partially offset by pricing being up 0.7%.
- Beer sales in the convenience store channel were also down 2.9%.
- Constellation Brands (STZ -0.3%) stood out in the Nielson data, with volume growth of 7%.
- Sources: Bloomberg and Wells Fargo's Bonnie Herzog
Beer stocks react to latest batch of Nielsen data
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