Category Archives: Earnings Report

B-F Sales Rose 1% in Year, Fell 5% in 4th Fiscal Quarter; Net Fell 1% in Year

Posted on June 9, 2020 by Joel Whitaker

Brown-Forman Corp. reports net sales in fiscal 2021, ended April 30, rose  1% to $3.4 billion (flat on an underlying basis).  Net profit fell 1% to $827 million or $1.72 a share. For the fiscal fourth quarter, net sales1 declined … Continue reading →

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Remy Cointreau Organic Sales Fall 11.2% in Year, Net Plunges 27%

Posted on June 4, 2020 by Joel Whitaker

Remy Cointreau notes that Fiscal 2020, which ended March 31, “was a singular year with the combined effects of (1) a global pandemic that severely limited consumption of spirits in the on-trade segment and purchases at airports, (2) the threat … Continue reading →

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Pernod Ricard U.S. Sales Match Market, Globally Up 6% Organically

Posted on August 29, 2019 by Joel Whitaker

Pernod Ricard reports worldwide sales grew 6% (+5.3% reported) with FY19 sales driven mainly by Asia.  In the Americas, sales accelerated in Canada, and there was strong growth in Latin America.  U.S. sales were flat, dampened by wholesaler inventory optimization. … Continue reading →

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Eastside Distilling Sales Soar 154%, but Net Loss Widens

Posted on August 15, 2019 by Joel Whitaker

Eastside Distilling Inc., Portland, reports gross sales were $4.3 million, an increase of 154% compared to $1.7 million in Q2 2018.  The company’s net loss widened to $2.9 million from $1.9 million a year earlier. Branded and retail sales increased … Continue reading →

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Willamette Valley Net Plunges 81.2%; Difficulties with Distribution Cited

Posted on August 15, 2019 by Joel Whitaker

Willamette Valley Vineyards reports net income plunged 81.2% to $103,459, or 2 cents a share, in the second quarter.  Sales fell just 0.5% to $5.8 million, a result, the company said of its Oregon and Washington distributor experiencing problems in … Continue reading →

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Castle Brands Loss Widens as Sales Ease

Posted on August 12, 2019 by Joel Whitaker

Castle Brands reports a loss of $870,895 in the second quarter, up from $690,707 a year earlier. Sales eased 2% to $22.6 million from $23.1 million. “The lower revenue in the first quarter was largely the result of the timing … Continue reading →

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