Hey Snackers,
Poultry FTW. Olive Garden's officially singled out its chicken alfredo to thank for upping its sales.
Markets kept growing Thursday to a 5-month high as investors enjoy the Fed's decision to keep interest rates relaxingly low.
Those shares look good on you... Fresh off the top shelf, Levi's IPO'd Thursday, jumping to a $9B valuation under uncreative ticker symbol "LEVI." Since 70% of its sales are to dudes, it's now focused on convincing women Levi's isn't their dads' jeans company.
Look who's sporting Canadian tuxes now... It's the Haas family. They're decendents of the founder, old man Levi Strauss himself, and that family tree's controled the brand for 166 years. This IPO means they're fashionably cashing out part of their heritage.
The timing fits poorly... Jean sales globally have only grown 3.5% the last decade, slower than fashion overall (blame athleisurewear, @Lululemon). And Levi competitors Old Navy and Wrangler are getting spun-off into their own publicly-traded companies this year.
Attack ads... Usually reserved for accusing your political opponent of eating pizza with a fork. But Budweiser brought them to the beer biz. Now Miller Coors is royally suing The King of Beers for it.
Timmy and Dave argue over Beer Pong rules... Bud-owner AB InBev and Miller-owner Molson Coors fight over questionably accurate ingredient accusations.
Craft is thy real enemy... Like Starks and Lannisters, AB InBev and Molson Coors could unite against the craft beer, wine, and spirits — all of which are growing faster than 30-packs of watery stuff stuck in 13-ounce cans.