Topic
Earnings
A collection of 81 issues
CBrands Expects Its Wine & Spirits Net Sales to Fall 7-9%
Brown-Forman Sales Up 1%, Net Rises 6%
Brown-Forman Corp. reports net sales for the fiscal second quarter, ended Oct. 31, rose 1% to $1.1 billion (down 1% organically) from a year earlier. Net income in the quarter was $242 million, or 50 cents a share, a 6% advance from a year earlier.
For the fiscal first
Splash Beverage Revenue Rose, Net Loss Widened
Splash Beverage Group reports revenue rose 5% in the third quarter to $5.1 million. The company said its loss in the third quarter widened to $5.6 million from $5.1 million.
Eastside Distilling 3Q Sales Flat, Net Loss Narrows
Eastside Distilling Co. reports gross sales for both the three months ending September 30, 2023 and 2022 were flat at $3.1 million, as growth in digital can printing was offset by lower mobile canning and spirits sales. But the net loss in the 2023 third quarter decreased to $2.
Molson Coors Gains Share as 3Q Net Soars 99%, Sales Rise 12.4%
Molson Coors Beverage Co. reports net sales rose 12.4% to $3.3 billion in the third quarter. Net nearly doubled, to $430.7 million, or $1.98 a share, from $216.4 million, or 99 cents a share.
Molson Coors said it grabbed more U.S. volume share than
A-B InBev Revenue Up 5%, Profit Gains 3%
Anheuser-Busch InBev reports total revenue in the third quarter rose 5% with revenue per hectoliter growing 9%. But that growth was far outpaced by a 15.1% growth in ABI's global brands – Budweiser, Stella Artois, Corona and Michelob outside their home markets. ABI owns Corona everywhere but in
Marie Brizard 3Q Sales Slip
Marie Brizard Wine & Spirits reports third quarter sales were 6.1% lower than a year earlier.
In Marie Brizard's home country of France, sales were down 4.2% from the like 2022 period, despite price increases. Sales of the group's strategic brands fell as the
Boston Beer Net Revenue Up 1%, Volume Down in 3Q
Boston Beer Co. reports net revenue of $601.6 million, up 0.9% from the 2022 third quarter, ended Sept. 30. Net income soared to $45.3 million, or $3.70 a share, from $27.29 million, or $2.21 a share, a year earlier.
Depletions decreased 6% in the
BREAKING: Heineken Sales Up 4.5% in Quarter; Volume Off 4.2%
Heineken N.V. reports its revenue grew 4.5% in the third quarter, 5.8% for the year-to-date, despite a 4.2% decline in beer volume (-5.1% for the year).
Premium beer volume fell even more, down 5.7% for the quarter and down 6.1% year to date.