Good Morning, and Happy Wednesday, August 2, 2023.
Diageo reports for the year ended June 30, net sales rose 10.7% and profit rose 15%. Although volume in North America declined 4%, net sales advanced 11% from a year earlier and operating profit grew 6%. “We have delivered strong fiscal 23 full-year results, with organic net sales growth
Molson Coors Beverage Co. reports an eye-popping 623.9% increase in net profit after taxes to $342.4 million, or $1.57 a share, on an 11.8% rise in net sales to $3.27 billion. It was the best quarter of reported net sales since Molson and Coors were
Even in adults without hypertension, blood pressure readings may climb more steeply over the years as the number of daily alcoholic drinks rise, according to an analysis of seven international research studies published in Hypertension, an American Heart Association journal. With the statistical power of seven international research studies, this
Popularity depends upon how you measure it, of course. But a YouGov survey in the second quarter found 58% of Americans have a positive opinion of Guinness, ahead of Corona Extra (53%), Heineken (51%) and Samuel Adams (49%). The same survey found that within the Anheuser-Busch family, Budweiser remains the
White wines, light-bodied reds, RTD cocktails, and zero-proof beverages are this summer’s big sellers so far, according to Drizly. “Last summer, we saw the average order value on Drizly rise during the month of July, holding strong through September,” says Liz Paquette, the platform’s head of consumer insights.
With the midpoint of summer quickly approaching, a new survey from White Claw Hard Seltzer shows that a staggering 54% of employed Americans haven't planned their summer vacation and 1 in 4 (24%) won't take all of their vacation time this year. As the nation's leading hard seltzer* and a
House of Suntory, a pioneer of Japanese whisky, announces the launch of Legent Yamazaki Cask Finish Blend, a limited-edition whiskey breaking new ground in the bourbon category. In addition to selections of bourbon matured in French Oak wine casks and Spanish Oak sherry casks, this blend also features a selection
Crown Royal is celebrating Black Business Month with the announcement of The Hats Off Grant in partnership with the Bill Pickett Invitational Rodeo Foundation (BPIRF), a fund designed to empower the Black rodeo community and inspire a new generation of riders to pursue their passion. Crown Royal is steadfast in
Rack & Riddle acquired Weibel Family Winery in Lodi, Calif. The acquisition makes Rack & Riddle the largest premium, custom sparkling wine producer in the U.S. Rack & Riddle began in 2007 as a small company focused on producing superior sparkling wine on contract for other wineries using the Methode Champenoise. Earlier
Barrell Craft Spirits (BCS), the original independent blender of unique aged, cask strength whiskey since 2013, today launched Barrell Bourbon Batch 035 and the highly anticipated Rye Batch 004. Barrell Bourbon Batch 035, which struck gold at the San Francisco World Spirits Competition, is a multi-mash bill blend of six
The new “Official Bourbon of the Mets” is a limited edition bottling of Hudson Whiskey’s Bright Lights, Big Bourbon, a bold, grain-forward straight bourbon bottled at 92 proof (46% ABV). Produced and bottled in the Hudson Valley, the limited-edition bottle will be available for purchase at select retailers in
Longbottom, a UK Bloody Mary brand, is launching in the U.S. Longbottom says it is the first premium tomato beverage of its kind, with better ingredients, better flavors, and better-for-the-planet packaging. Made from Canary and Pear tomatoes from Southern Spain, known for their sweet and balanced flavor, they’re
Deep Eddy Vodka said it entered into a multi-year sponsorship of the Professional Pickleball Association to become the Official Vodka of the PPA tour. “Pickleball is not only getting attention today as the fastest growing sport in the U.S, but also because of its fun, approachable, serious, but not
The Other Rothschilds of Wine Two years after the death of her husband, Benjamin, Ariane de Rothschild is expanding the wine empire he started. (Wine Spectator)
Thank you for spending a bit of your morning with us. We'll see you again tomorrow. Have a wonderful day. – Joel