Category Archives: Earnings Report

Boston Beer 4th Quarter Profit Soared 135.7% on 53% Advance in Revenue

Posted on February 18, 2021 by Joel Whitaker

Boston Beer Co. reports fourth quarter revenue soared 53% from a year earlier to $460.9 million, thanks to a 54% increase in shipments.  Net profit in the period more than doubled to $32.8 million, or $2.64 a share, a 135.7% … Continue reading →

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Molson Coors 4th Period U.S. Sales Rise 1.9%, but World-Wide Fell 7.7%

Posted on February 11, 2021 by Joel Whitaker

Molson Coors Beverage Co. reports fourth quarter net sales fell 7.7% (8.3% constant currency), primarily driven by Europe and Canada declines resulting from restrictions in the on-premise channel as a result of the coronavirus pandemic.  But in the U.S., the … Continue reading →

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Scheid Sales Rise, Net Loss Narrows in 9 months

Posted on January 20, 2021 by Joel Whitaker

Scheid Vineyards Inc. reports sales of $22.3 million in the first nine months of the company’s fiscal year, up from $21.8 million.  The company’s net loss was nearly halved to $3.7 million from $7.2 million. “Our case goods sales and direct … Continue reading →

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CBrands Net Sales Up 22% in Fiscal 3rd Quarter

Posted on January 7, 2021 by Joel Whitaker

Constellation Brands reports net sales of $2.44 billion, a 22% increase from the year-earlier third fiscal quarter as both the company’s beer business and its wine and spirits business did well.  Net profit exploded, soaring 3.55 times the year-earlier figure … Continue reading →

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Brown-Forman Sales Flat in 2Q, Earns Slip 6%

Posted on December 8, 2020 by Joel Whitaker

Brown-Forman Corp. reports sales of $985 million, essentially flat but up 4% on an underlying basis, and a 15% drop in profit to $240 million, or 50 cents a share, in the fiscal second quarter, ended Oct. 31. Brown-Forman also reported … Continue reading →

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Concha y Toro Sales Up 28.4%, Volume Up 15.1%

Posted on November 2, 2020 by Joel Whitaker

The sales growth was across all market, said Eduardo Guilisasi Gana, CEO, led by “extraordinary momentum of Casillero del Diablo, Trivento Resereve and Diablo. In the U.S., volume grew 1.5% reflecting the strong performance of Casillery  del Diablo and Frontera … Continue reading →

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