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Monthly Archives: July 2022
TTB to Propose Adding American Single Malt Whiskey to Spirits Identities
Friday (7/29) morning’s Federal Register includes a Notice of Proposed Rulemaking to add American Single Malt Whiskey to the Standards of Identity for Distilled Spirits. The proposal follows petitions and more than 200 comments from several distillers and the American … Continue reading
Posted in News, Regulations
Tagged Alcohol & Tobacco Tax & Trade Bureau, Distilled Spirits Council of the United States
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Diageo Net Sales Jump 21.4%in fiscal 2022, Net Profit After Tax Rises 19.3%
The company noted the sales growth “reflects contined growth of the on-trade, resilient consumer demand in the off-trade and market shares gains and was underpinned by favorable industry share trends of spirits taking share of total bev/al and by premiumization.” … Continue reading
Posted in Earnings Report, News
Tagged Diageo
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AB-InBev 2d Quarter Sales Up 11.3%, Volume Up 3.4%, Net Falls 16.6%
Before you read this, I suggest you take a break and enjoy this song from the 1958 film version of the 1949 Broadway hit, South Pacific. Anheuser-Busch InBev reports what at first glance seems positive earnings. Total revenue grew 11.3% in … Continue reading
Posted in Earnings Report, News
Tagged Anhesuer-Busch Inbev
Comments Off on AB-InBev 2d Quarter Sales Up 11.3%, Volume Up 3.4%, Net Falls 16.6%
A-B to Be Official Beer Sponsor in Miller’s Hometown Stadium
Wouldn’t you love to be the fly of a boardroom at times? I would. For instance, it would have been interesting to hear the discussion that led to Anheuser-Busch being the official beer sponsor at Fiserv Forum. That’s where the … Continue reading
Posted in Advertising, News, Sponsorship
Comments Off on A-B to Be Official Beer Sponsor in Miller’s Hometown Stadium
Marie Brizard 2d Quarter Revenue Rose 7.5%
Marie Brizard Wine & Spirits reports second quarter revenue rose 7.5%, largely a result of its international cluster which grew 13.2% vs. its French cluster which inched up 2.5% from a year earlier. The Group’s main brands posted a resilient performance … Continue reading
Posted in Earnings Report, News
Tagged Marie Brizard Wine & Spirits
Comments Off on Marie Brizard 2d Quarter Revenue Rose 7.5%