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Diageo's U.S. Sales Eased 3.7% in Quarter, but Grew 1.2% Worldwide
Diageo reports fiscal first-quarter net sales increased 1.2% to $4.9 billion, with positive organic growth partly offset by unfavourable foreign exchange and the impact of disposals. Diageo's ADR's rose 4.37% in New York Stock Exchange trading.
Sir Dave Lewis, CEO, said that
Molson Coors Sees 21% to 24% Plunge in Underlying Net Before Taxes for 2026
Molson Coors Beverage Co. said it expects its underlying net profit before taxes to plunge 21% to 24% this year. Sales are expected to slip 1% to 2% on a constant-currency basis, it said. It noted that global beer industry volume, which has been softer in the second and
AB-InBev Sales Up 4%, Net Jumps 22%
Anheuser-Busch InBev reports for the third quarter net profit of $2.395 billion, or 1.21 a share, up 22% from a year earlier, on a 4.9% increase in sales. Volumes increased 0.4% with beer volumes down by 0.1% and non-beer volumes up by 4%