Chivas Brothers, the Pernod Ricard business dedicated to Scotch whisky, reports net sales rose 17% during fiscal 2023, ended June 30, taking total sales to a ten-year high. The results demonstrate ongoing strong global demand for Scotch and reinforce the company's long-term premiumisation strategy. The North American market has seen

Pernod-Ricard reports net sales for fiscal 2023 rose 13% (10% organically).  Net profit rose 12%. The company said growth was broad-based across all regions with strong pricing execution.  The Americas saw 2% growth; it was described as "dynamic" in Latin America , led by Mexico, and low single-digit growth in North

Brown-Forman Corp. reports  fiscal first quarter net sales increasing 3% to $1 billion (+2% on an organic basis). In the quarter, reported operating income decreased 4% to $327 million (-6% on an organic basis) and ne income fell 7% to $231 million as did diluted earnings per share, which  decreased

Beam Suntory attributed a 10% gain in net sales in 2023's first half to "strong growth across premium and ready-to-drink brands. “Our premiumization strategy and competitive advantage in Ready-to-Drink continue to deliver quality results for our business as we accelerate our work to transform our company and position ourselves as

That 2.2% decline in net sales revenue for Treasury Wine Estates came as the Australian wine producer jacked up prices 12.7%.  Net profit after tax fell 3.3%. With reported net falling, TWE emphasized EBITS rose 16.6%.  But of course interest and taxes are real expenses that

Eastside Distilling Inc. reports sales of $2.6  million in the second quarter, down from $5.1 million a year earlier. The company's net loss in this year's second quarter was $1.64 n=million, down from $1.79 million.

Willamette Valley Vineyards reports sales of $10.73 million up  23% from the like year-earlier period.  The sales increase was attributed to an increase in sales through distributors of $337,579 and an increase in direct sales of $1,687,803 in the current year three-month period over the prior

Anheuser-Busch InBev ranks No. 241 among all companies in the recently releassed Fortune Global 500, but among beverage companies, it is No.1 far outranking both Coca-Cola (No. 344) and Fomento Economico Mexicano (454). ABI's revenue last year increased 6.4%, the smallest increase of the three beverage firms.  Coca-Cola

"Stay calm, carry on" seemed to be the motto at Anheuser-Busch InBev as the global brewer reported total volume declined 1.4% globally, organic revenue rose 7.2% but net profit was slashed to $607 million from $1,975 million a year earlier. That 7.2% revenue growth isn't as

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

Marie Brizard Wine & Spirits reports its revenue in the first half was 14.3% higher than a year earlier.  This was driven by strong performance in France in the second quarter with fewer supply disruptions than in the first quarter. Also helping: a lower out-of-stock rate.

Boston Beer Co. reported depletions eased 3% in the second quarter, shipments decreased 4.5%to 2.3 million barrels, and net revenue slipped 2.1% to $6.03 million, but net income advanced 8.8% to $58 million or $4.72 a share.   "As we expected, our second quarter

LVMH Moët Hennessy Louis Vuitton said first-half revenue for its Wines & Spirits units eased 4%.  On an organic basis, Wines & Spirits revenue was down 3%.  Profit from recurring Wines & Spirits operations was down 9%. It was a good half-year for the Champagne business, which recorded an increase in revenue over

Scheid Family Wines reports for the fiscal first quarter total revenues were $14.4 million, down $1.5 million, a decrease of 9%. The decrease was driven by the Company's cased goods sales which decreased 16%, from $13 million to $10.9 million, and was offset by an increase in

Scheid Vineyards Inc. said its sales rose 6% in the fiscal year ended Feb. 28 to $59.3 million.   Despite the sales gain, the company booked a net loss of $2.228 million for the year.  A year earlier the company had recorded a profit of $14.2 million, or

Brown-Forman Corp. reports net income surged 36% to $207 million, or 43 cents a share as net sales for fiscal 2023, ended April 30, rose 8% to $4.2 billion(10% organic). Positive portfolio sales growth occurred across all geographic clusters and Travel Retail.  Woodford Reserve sales were up 29%

Treasury Wine Estates said inflation is squeezing demand for commercial-grade wine and driving up packaging costs.  TWE's stock immediately fell 8%. Conditions for commercial wine are particularly tought in Australia and the UK, the company said, adding it was beginning a review of its domestic supply chain. "Wine is probably

In a filing with the Securities & Exchange Commission, Fresh Vine Wine said it needs additional time to complete and review its Quarterly Report on form 10-Q because of a "recent transition in the Company's management, including its principal executive officer, principal financial officer and financial and accounting personal."  It said

Molson Coors Beverage Co. reports sales increased 5.9% in the first quarter to $2.35 billion.  Net income was $72.5 million, or 33 cents a share, a 52% drop from 151.5 million, or 70 cents a share. The company nearly doubled its bottom line on an adjusted

Boston Beer Co. reports a net loss of $8.95 million in the first quarter, significantly wide than the $1.96 million loss a year earlier.  Sales fell to $410,000 from $430,000. The loss reflects a 6% decline in depletions from the prior year.  Truly Hard Seltzer, Angry

“The Group continued to improve its operating performance in 2022. During the year, we successfully created value by working on multiple fronts: intensifying international growth, continuing the value-over-volumes strategy, and completing the restructuring program, said Fahd Khadraoui, Chief Executive Officer of Marie Brizard Wine & Spirits, said:. The biggest contributors to

Fresh Vine Wine, Inc. said distributor depletions in the first quarter of 2023 improved by 58% from the same year ago quarter. In the first quarter of 2023, Fresh Vine added 2,037 new Points-of-Distribution, increasing its footprint by almost a third. Rick Nechio, Interim CEO, said, “The new year

Willamette Valley Vineyards Inc. reports  net sales revenues of $33.9 million for all of 2022, up 6.8% from $31.8 million a year earlier. Net loss was $646,492, substantially less than the $2,445,463, for 2021. Jim Bernau, Founder and CEO, said, "In 2022, we incurred

Duckhorn Portfolio reports second quarter sales were $103.5 million, an increase of $3.8 million, or 4.8% from the year-earlier quarter.  Net income slipped less than a percentage point to $14.9 million, or 13 cents a share, from $17.9 million, or 16 cents a share. “Our