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Constellation Brands CEO, Gary Cohn & Catching Up On The Packaged Food Stocks 6/30/22

Constellation Brands CEO, Gary Cohn & Catching Up On The Packaged Food Stocks 6/30/22

All three major averages fell to close out the month, and Jim Cramer is guiding you through today's downturn with a focus on inflation. First, Constellation Brands CEO Bill Newlands joins Cramer to discuss the company’s quarter, including its lowered guidance, and how their pricing power is being impacted by inflation. Then, Cramer is taking a look a the packaged food stocks and examining how inflation and rate hikes have taken a bite of their earnings. Plus, Cramer’s going one-on-one with Former National Economic Council Director Gary Cohn to talk more about the CHIPS Act and domestic semiconductor manufacturing.

Mad Money w/ Jim Cramer

June 30, 202244m 36s

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Show Notes

All three major averages fell to close out the month, and Jim Cramer is guiding you through today's downturn with a focus on inflation. First, Constellation Brands CEO Bill Newlands joins Cramer to discuss the company’s quarter, including its lowered guidance, and how their pricing power is being impacted by inflation. Then, Cramer is taking a look a the packaged food stocks and examining how inflation and rate hikes have taken a bite of their earnings. Plus, Cramer’s going one-on-one with Former National Economic Council Director Gary Cohn to talk more about the CHIPS Act and domestic semiconductor manufacturing. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.
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