[BND] Kane's Beverage News Daily

Good Morning and Happy Friday, It's August 28, 2026.

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 China, the company's organic net sales actually rose 0.5%.

How Bev/Al Can Help Restaurants Achieve Their No. 1 Goal: Profitability

Profitability is the top business goal for restaurant operators in 2026, with 37% of operators ranking it their number one priority, according to a survey from Toast. That goal also opens the door for bev/al marketers to discuss how beer, wine and spirits, including low or no/alc, is an easy way can help restaurants bring in more customers, not only during the traditional evening dinner hour, but also in the late afternoon after-work daypart which has become popular as a drinks-only occasion or

Global Bev/Al Market Seen Reaching $2.06 Trillion by 2035 in 10 Years: Study

The global alcoholic beverages market is moving toward a more complex growth model in which premiumization, convenience and emerging-market demand coexist with moderation and regulatory pressures. Valued at $1.96 trillion in 2025, the market is projected to reach $2.86 trillion by 2035, expanding at a 3.81% CAGR from 2026 to 2035, according to a new study from Market Research Future. Beer, wine and spirits will remain core categories, while RTDs, cans and alcohol-free extensions increasingly

What I'm Reading --

Dolly Parton’s philanthropy was based on her belief in the goodness of people. “I just give from my heart,” she said in a 2022 speech accepting the Carnegie Medal of Philanthropy. “I never know what I’m going to do or why I’m gonna do it. I just see a need and if I can fill it, then I will.” (Associated Press via The Press Democrat)

Correction

Thanks for reading. Enjoy the weekend. – Joel