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Earnings

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%

Heineken Revenue Up 4.6% in 3d Period

Heineken N.V. reports third quarter revenue rose 4.6% to 8.09 billion Euros on a 4.8% increase in volme, which advanced to 76 million hectoliters. The company said it was profitable in all regions and held or gained share in two-thirds of its markets. Other important

CBrands Brand-Building Playbook Evolvin

Constellation Brands is seeing the results of a sharpened focus "on capturing additional growth opportunities by winning with more consumers across more occasions," CEO Nicholas Find will tell analysts during a call this morning. While the company has "built some of the most successful, enduring, and valuable

CBrands 2Q Sales Fall 3.3%, Net Plunges 46%; Beer Biz Sales Advance 5%

Constellation Brands Inc. reports for the second quarter sales of $3096.5 billion, down 3.3% from the prior year. Net Income fell 46% to $231.7 million, or $1.58 a share. In the Beer Business, shipments rose 5.5% to 123.9 million cases, depletions eased 0.6%

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