Jun. 18 at 11:21 AM
$STZ $SAM $BUD $DEO $BF.B
U.S. expected to drop guidance on alcohol consumption, Reuters says
U.S. Dietary Guidelines are expected to remove the recommendation that adults limit alcohol consumption to one or two drinks per day, Emma Rumney and Jessica DiNapoli of Reuters reports, citing three sources familiar with the matter.
The updated guidelines could be released as early as this month and are expected to include a statement encouraging Americans to drink in moderation or limit alcohol intake, sources add. Publicly traded companies in the space include Constellation Brands (STZ), Boston Beer (SAM), AB InBev (BUD), Brown Forman (BFA), and Diageo (DEO).