JOHANNESBURG, SOUTH AFRICA -- (Marketwire) -- 09/27/10 -- www.stockcall.com/ offers investors comprehensive research on the beverages - wineries & distillers industry and has completed analytical research on Constellation Brands Inc. (NYSE: STZ) and Central European Distribution Corp. (NASDAQ: CEDC). Register with us today at www.stockcall.com/ to have free access to these researches.
Global alcoholic beverage sales have been relatively unhurt by the struggling economy.
U.S. wine sales are outpacing all expectations. Americans are buying more wine and are more willing to pay for more expensive bottles. Sales paces for $20 bottles are actually at their highest since 2006. For wine priced over $20, sales are expected to grow about 10% this year. Sales from small vineyards could be up over 10% as well. Total wine volume for the U.S. is up about 5% from last year. Register now at https://stockcall.com/development/stockcall/page.php?name=register.html to have free access to our reports on the beverages - wineries & distillers industry.
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Outside the U.S., vodka sales improved slightly in part to increased demand in Russia. The Russian vodka market grew about 1% in the last quarter. While 1% may seem like a marginal improvement, it's actually a significant one when you consider that vodka comprises 95% of the demand for alcohol in Russia. One company trying to capitalize on the Vodka market in Russia is Central European Distribution Corp. The company still has to compete with higher-end vodka producers such as Constellation Brands Inc. Investors looking for free research on Central European Distribution Corp. and Constellation Brands Inc. are welcome to sign up at www.stockcall.com/CEDC270910.pdf or www.stockcall.com/STZ270910.pdf.
However, currency fluctuations are affecting some producers and distributors. Sales and volume statistics have been strong globally but some bottom lines are being hurt by poor currency exchanges. Visit www.stockcall.com/ to see how companies in this industry have grown over the past years and how they are expected to perform in the future.
The ongoing global economic recovery could lessen the currency issues over time and there is little data to suggest that alcohol sales will slow anytime soon.
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William T. Knight