Category Archives: Earnings Report

Remy Cointreau Organic Sales Jump 52% in Half, 23.7% in Quarter

Posted on October 22, 2021 by Joel Whitaker

Some of that jump had to do with restocking in the U.S.  Sales in the Americas region were up 60.2%, led by at-home consumption and a strong on-premise recovery in the U.S., Remy Cointreau said.  But all regions posted gains. … Continue reading →

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CBrands Profit Plunges as Sales Rise 5% in 2d Period

Posted on October 6, 2021 by Joel Whitaker

On a GAAP basis, Constellation Brands’ quarterly results look pretty bad.  But look under the hood, and there’s room for optimism. CBrands reports net income of $1.5 million, or 1 cent a share, in the fiscal second quarter ended Aug. … Continue reading →

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Duckhorn Sales Surge 36% in Quarter

Posted on October 6, 2021 by Joel Whitaker

Duckhorn Portfolio reports net sales in the fiscal fourth quarter, ended July 31, were $70.9 million, up 35.7% from year-earlier level.  Net income was $7.4 million, reversing a year-arlier loss of $2.7 million. For the full year, sales rose 24.4% … Continue reading →

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Marie Brizard Posts 1st Half Profit as Sales Slipped 5.8%

Posted on September 30, 2021 by Joel Whitaker

Marie Brizard Wine & Spirits said it earned 1.5 million Euros, in the first half, reversing a year-earlier 1.4 million Euro loss.  Sales slipped 5.8% to 81 million. The company attributed the lower sales to the impact of Covid-related restrictions, lower … Continue reading →

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Vintage Wine Estates Volume Up 9%, Sales Up 16.2% in Year

Posted on September 28, 2021 by Joel Whitaker

Vintage Wine Estates reports Fiscal 2021 net revenue rose 16.2% from the prior year to $220.7 million, as case volume rose 9% to 1.875 million cases. Acquisitions contributed $2.3 million in net revenue for the year. The increased volume was … Continue reading →

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Pernod Ricard Grew 9.7% Organically in FY 2021

Posted on September 1, 2021 by Joel Whitaker

Pernod Ricard reports organic sales growth of 9.7% last year, but said adverse foreign exchange owing to U.S. Dollar and emerging market currency depreciation cut reported sales gain to 4.6%.  Sales in the Americas were up 14% with broad growth in … Continue reading →

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