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.
Topic
Earnings
A collection of 88 issues
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.
Marie Brizard Sales, Profit Advance in Half
Marie Brizard said its net revenue in the first half was 14.3% higher than in the like year-earlier period. Net profit more than doubled, rising to Eur 5.1 from Eur 2.5 a year earlier.
This improvement is mainly due to increased sales in part of the international
Vintage Wine Estates Restates Earnings
-Vintage Wine Estates, Inc. (Nasdaq: VWE and VWEWW) said it will restate its previously issued consolidated financial statements for the first, second and third quarters of fiscal 2023, which ended Sept. 30, 2022, Dec. 31, 2022 and March 31, 2023, respectively. The adjustments resulted from a reassessment of technical accounting
Chivas Brothers Confirms Strongest Financial Performance in Decade: Sales Up 17%
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.
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