Earnings

Boston Beer Co. reports for all of 2022, net revenue rose 16% to $2.09 billion and net profit was $67.26 million, or $5.44 a share, more than 4.5 times the year-earlier net profit of $14.55 million, or $1.19 a share. Depletions decreased 5% and

Heineken N.V. reports for 2022 revenue grew 30.4% and net profit surges 30.7%. "Our premium portfolio continued to outperform, led by the excellent momentum of the Heineken® brand and further propelled by the roll-out of Heineken® Silver. We are innovating to expand our leadership positions in

Beam Suntory reports net sales rose 10.5% in 2022 from a year earlier and 24% from the pre-pandemic year of 2019.   Premium brands grew 15% in 2022, and now represent more than half of the company’s Full Bottle Spirits sales for the first time ever. Ready-to Drink (RTD)

Treasury Wine Estates, the Australian-based producer, reports net sales revenue grew 1.4% to 1.284 billion (Australian) in the first half of 2023 and net profit after tax soared 72.5% to $188l2 million, of 26.1 cents a share. Treasury Wine said global wine consumer trends were broadly

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 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

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 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 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 in the

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 brand