BEER: AFTER BIG JULY FOURTH, ARE FLAT RESULTS AHEAD?

NEW YORK -- The Fourth of July holiday weekend provided a needed bang for domestic beer brewers. But holiday sales aside, these aren't such heady times for beer, analysts said.The difficulty of sustaining strong price increases, rising cost of doing business, loss of share to wine and spirits, and threat of rising excise taxes will make it hard for the industry to maintain recent levels of profitability,

NEW YORK -- The Fourth of July holiday weekend provided a needed bang for domestic beer brewers. But holiday sales aside, these aren't such heady times for beer, analysts said.

The difficulty of sustaining strong price increases, rising cost of doing business, loss of share to wine and spirits, and threat of rising excise taxes will make it hard for the industry to maintain recent levels of profitability, according to beverage analyst Caroline S. Levy, a managing director at the UBS i

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