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Earnings

Diageo North America Sales Jumped 19% in 1st Half as Volume Slipped 4%

Diageo North America reported net sales grew 19% even as volume slipped 4%. Organic net sales grew 3%. Globally, Diageo reported net sales of GBP9.4 billion (roughly $11.64 billion), an 18.4% gain that primarily reflected strong organic net sales growth as well as favorable impacts from the

Scheid Vineyards 9 Month Sales Surge 18%

Scheid Vineyards Inc. reports sales in the fiscal third quarter, ended Nov. 30, were $35.1 million, up 18% from $27.9 million a year earlier. The company posted a $1.8 million loss, compared to a $14.4 million profit a year earlier. The Company's cased goods

Bev/Al Stocks Fell After CBrands Reports Beer's Operating Income Declined

Constellation Brands stock fell 8.37% to its lowest level in 10 month as higher costs for raw materials, packaging and logistics as well as brewery expansions hurt fiscal third quarter earnings. Third quarter net sales were $3.437 billion, up 5% from the year earlier. But operating income fell

Splash Beverage Sales Nearly Double, Net Loss Slashed 58%

Splash Beverage Group reports third quarter net sales nearly doubled, rising to $5.1 million from $2.9 million a year earlier. The third quarter net loss from continued operations narrowed to $5.1 million from $12.1 million in the prior year period. Robert Nistico, chairman/CEO, said: “We

Molson Coors Sales Up 4% in 3rd Quarter, but Net Plunges

Molson Coors Beverage Co. reported its sixth consecutive quarter of top-line growth, saying third-quarter net sales revenue rose 4% to $2.94 billion. Net income was $216.4 million, or 99 cents per diluted share, less than half the $453 million, or $2.08 per diluted share, recorded

Campari Group Organic Sales Surged 27% in 9 Months

Acquisition of 70% of Wilderness Trail Distillery came just one day after Campari Group reported net sales surged 27.3% (organic 19%) in the first nine months from a year earlier. Bob Kunze-Concewitz, CEO: "Overall, our strong topline performance continued over the key summer season thanks to strong