Category Archives: Earnings Report

B-F Net Sales Jump 20% in Quarter as Brand Disposals Cut Net Profit 41%

Posted on September 1, 2021 by Joel Whitaker

Brown-Forman Corp. reports net profit fell 41% to $192 million, or 40 cents a share, as sales advanced 20% to $906 million.  The lower profit reflected the year earlier $192 million gain on the sale of the Canadian Mist, Early … Continue reading →

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Eastside Distilling Narrows Loss on Lower Sales

Posted on August 12, 2021 by Joel Whitaker

Eastside Distilling Inc. reports net sales fell 6.7% to $3.4 million.  Despite the lower sales, Eastside narrowed its net loss to $1.7 million for the second quarter from $2.1 million a year earlier. The lower sales were primarily driven by … Continue reading →

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Molson Coors Sales rose 17.4% in Quarter, Net Profit Nearly Doubled

Posted on July 29, 2021 by Joel Whitaker

Molson Coors Beverage Co. reports net sales revenue increased 17.4% (13.7% in constant currency)  Sales in North America were up 1.9% and sales in Europe rose 17.8%.   Net income nearly doubled to $3886 million, or $1.79 a share. The company … Continue reading →

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AB InBev Sales Up 28%, Volume Up 21%, Reverses Loss in 2d Quarter

Posted on July 29, 2021 by Joel Whitaker

Anheuser-Busch InBev reports total volumes grew 20.8% in the second quarter with own beer volumes up 20.5% and non-beer volumes surging 23.2%.  Revenue advanced 27.6%. Sales of the company’s global brands — Budweiser, Stella Artois and Corona —  increased 23% … Continue reading →

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Diageo’s North American Sales Jumped 20% in Year

Posted on July 29, 2021 by Joel Whitaker

Diageo plc reports net sales rose 8.3% worldwide, led by North America where sales rose 20.2% reflecting resilient consumer demand, spirits gaining market share from beer and wine and replenishment of stock levels by distributors and retailers.  The results are … Continue reading →

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Marie Brizard 1st Half Sales Slip 5%

Posted on July 28, 2021 by Joel Whitaker

Marie Brizard Wine & Spirits reports first-half sales eased 5%.  On an organic basis, excluding exchange rates, sales were down 5.8%.  Factor in the effect of exchange rates, and sales were down 6.7%. Sales in France were down 2%.  The … Continue reading →

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