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$SAM Boston Beer is under pressure after withholding FY21 guidance… I’m not too surprised. Everyone goes crazy about drinks (be it alcoholic or not) and I just think there are easier and less crowded spaces to invest in… too much competition chasing consumer… consumer that right now at least doesn’t have alcohol as their priority as summer is ending

Eric Pelnik's avatar
Agreed - there's also been a fair amount of consolidation in the wine, spirits, general alc industry. Drinks like seltzers are becoming commoditized as well.
Yegor's avatar
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