Category Archives: Earnings Report

Bud Light Seltzer, Michelob Ultra Power A-B InBev Gains in U.S. in 3d Period

Posted on October 29, 2020 by Joel Whitaker

Anheuser-Busch InBev reports global revenue grew 4% in the third quarter billion as global volume grew 1.9%.  That’s what ABI said at the top of a press release reporting earnings . But that’s not what the consolidated income statement at … Continue reading →

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Campari Group 3rd Quarter Sales Up 13%, But Covid Resurge Could Hurt

Posted on October 28, 2020 by Joel Whitaker

Campar Group reports net sales in the third quarter rose 12.9% from a year earlier to 513.8 Euros and profit before tax rose 13% to 109..3 million Euros.  It attributed the sales surge to people staying home in the face … Continue reading →

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Marie Brizard Sales Flat, Net Soars 94% in 1st Half

Posted on September 30, 2020 by Joel Whitaker

Marie Brizard Wine & Spirits reports net sales rose 0.4% to €134.7 million ($158 million) but net income soared 94.3%, narrowing the prior year loss to just €1.4 million. Andrew Highcock, ceo, said “the first-half performance reflects the relevance of … Continue reading →

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Brown-Forman Sales Ease 2%, Net Income Soars in Quarter

Posted on September 2, 2020 by Joel Whitaker

Brown-Forman Corp. reports net sales slipped 2% to $753 million (up 3% underlying) in its fiscal first quarter.  Net income soared 74% to $3224 million, or 68 cents a share. Underlying sales in the U.S. and developed international markets grew … Continue reading →

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Pernod Ricard Sales Slide 9.5% in Year, Net Drops 13%

Posted on September 2, 2020 by Joel Whitaker

Pernod Ricard reported net profit fell 13% in fiscal 2020 as Covid-19 took its toll.  Organic sales for fiscal 2020, ended June 30, declined 9.5% (-8%, reported).  Sales in the Americas eased 6% despite showing “good resilience” in the U.S. … Continue reading →

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Covid-19 Slashes Diageo Sales 8.7% Globally, Profit Plunges 55% in Year

Posted on August 4, 2020 by Joel Whitaker

Thanks to strong performance in the first half, North American sales rose 2%, with strong growth in U.S. Spirits, Diageo Beer Co. USA and Canada, although volume slipped 2%, as a result of Covid-19. Tequila net sales in North America … Continue reading →

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