Earnings

LVMH Moët Hennessy Louis Vuitton said its Wines & Spirits business group recorded a 2% decline in sales in the 2026 first quarter. On an organic basis, revenue grew 5%. LVMH, whose business includes not only wines, but also fashing and leather goods, perfumes and cosmetics, watches and jewelry, and

Constellation Brands reports it earned $1.687 billion, or $9.61 a share, a 2.17% increase despite a 10% dreop in sales to $9.130 billion in fiscal 2026. In reporting its results, its headlined its beer business continuing to lead the category in dollar share gains, outperforming the

Willamette Valley Vineyards reports 2025 sales of $37.2 miilion, down 6.5% from a year-earlier. It attributed the wider loss to a decrease in revenue from direct sales, net of excise taxes, of $1,013,762, or 4.8% in 2025 compared to 2024, and a decrease in

Viña Concha y Toro recorded a 1.7% increase in revenues during 2025 (2.8% considering wine only), thanks to the strength of its premium and above brands, whose value sales rose 4.3%. In this way, the company once again distinguished itself from the challenging conditions facing the global

Heineken plans to eliminate about 6,000 jobs – roughly 7% of its workforce – over the next two years as it seeks to boost productivity through AI, outgoing CEO Dolf van den Brink told CNBC's "Squawk Box Europe." The world's second largest brewer reported sales