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, 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

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

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

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

"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