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Pernod Ricard Net Plunged 17% (-5.2% Organic) as Sales Fell 14.2% (Organic -3.9%)
If it wasn't for the U.S. and China, Fiscal 2026 would almost have been a decent year. But U.S. sales fell 14% and China plunged 19% and that meant Pernod Ricard's organic sales eased 3.9% (reported -14.2%). Excluding the U.S. and
Diageo Profit Plunged 26% in Year as Net Sales Eased 3% (Organic Sales -2%)
Diageo plc reports for the year ended June 30 net profit of $1.96 billion, or 78.1 cents a share, on net sales of $19.64 billion. Volume eased 0.4% resulting in a negative price/mix of 1.6%.
The company attributed the negative price mix to U.
Boston Beer 2Q Revenue Fell 3.3%, Shipments Down 4.5%, Depletions Off 4.5%
Boston Beer Co. reports net income of $51.67 million, or $4.96 a share, down $8.87 million from $60.43 million, or $5.45 a share a year earlier. Net revenue fell 3.3% to %568.3 million as depletions decreased 6% and shipments decreased 4.5%.
The