Tag: Beverages

Heineken sells more beer in Q1, sticks to outlook

Heineken sold more beer than expected in the first quarter, reporting its first quarterly year-on-year growth in volumes in a year as it stuck to its forecast for profit growth in 2024.

PepsiCo earnings beat estimates as international demand boosts sales

PepsiCo beat quarterly earnings and revenue estimates.

Constellation Brands 4Q Sales Beat Estimates With Help from Beer Demand Strength

Constellation Brands posted better-than-expected sales in its latest quarter as strength in its beer brands helped offset challenges faced among its wine portfolio.

Bud Stock Drops. A Major Shareholder Is Selling Down Its Stake.

Anheuser-Busch InBev shares were dropping early on Thursday. It was hit by news that tobacco company Altria Grou intends to sell down a significant portion of its holding in the Budweiser brewer.

Exclusive: Marathon Partners urges Becle to move share listing, consider alternatives

 Marathon Partners Equity Management wants spirits company Becle SAB de CV, the world’s largest tequila producer, to move its listing from Mexico to the United States or review strategic alternatives, including a possible sale, according to a letter seen by Reuters.

Brown-Forman’s stock dips after Jack Daniel’s parent’s sales fall short of estimates

Brown-Forman Corp. ‘s stock fell 1.3% early Wednesday, after the parent of Jack Daniel’s whiskey fiscal third-quarter sales fell short of estimates. 

Goldman Sachs για Coca-Cola HBC: Οι αναλυτές υποεκτιμούν τις αποδόσεις – Νέα υψηλότερη τιμή στόχος στα €33,9 από €32,7

Η δυναμική των εσόδων της Coca-Cola HBC υποτιμάται από τους αναλυτές και το consensus, επισημαίνει η Goldman Sachs και o Olivier Nicolaï της Goldman Sachs International.

AB InBev profits rise despite ongoing hit from Bud Light boycott in U.S.

Budweiser owner Anheuser-Busch InBev slightly missed analyst expectations for annual revenue and profit, though beat in the fourth quarter.

Japan’s Asahi eyes overseas M&A to quadruple sales of Super Dry beer

Japan’s Asahi Group Holdings (2502.T), opens new tab is on the hunt for acquisition targets in the United States and elsewhere to quadruple overseas sales of its flagship Super Dry beer by 2030, its chief executive said.

Εξαγορά από την Coca Cola HBC στην Ιρλανδία

Απέκτησε, μέσω θυγατρικής, το 100% της BDS Vending, εστιάζοντας με αυτή την κίνηση στο last mile delivery.

Coca-Cola HBC: Προχωρά στην εξαγορά της BDS Vending Solutions στην Ιρλανδία

Η Coca-Cola HBC AG ανακοίνωσε σήμερα ότι η θυγατρική της, Coca-Cola HBC Northern Ireland Limited, κατέληξε σε συμφωνία για την απόκτηση του 100% της BDS Vending Solutions Ltd.

Keurig Dr Pepper Profit Jumps Despite Coffee Woes Limiting Sales Growth

Keurig Dr Pepper’s earnings jumped more than 50% in the fourth quarter although challenges in its coffee business limited overall growth to about 1%.

Coca Cola HBC: Επενδύει 42 εκατ. ευρώ στην παραγωγή ενεργειακών ποτών

Το ποσό των 42 εκατ. ευρώ επενδύει η Coca-Cola HBC στο εργοστάσιό της στην Oricola στην Ιταλία, καθώς προσπαθεί να αυξήσει την παραγωγική ικανότητα της για ενεργειακά ποτά στην περιοχή.

Pernod Ricard’s Shares Rise on Backed Mid-Term Guidance

Shares in Pernod Ricard jumped after the company confirmed its mid-term outlook and posted first-half sales that met expectations.

Heineken shares slump as customers balk at brewer’s hiked prices

Heineken shares fell on Wednesday after the Dutch brewer reported a slump in the volumes of beer it sold, caused by customers balking at higher prices.

Coca Cola: Εκτίναξη μεγεθών, πρόταση για μέρισμα €0,93/μετοχή

Ισχυρή αύξηση των κερδών ανά μετοχή και υψηλότερο από ποτέ επίπεδο καθαρών ταμειακών ροών κατέγραψε ο όμιλος. Το ΔΣ προτείνει μέρισμα ανά μετοχή €0,93, αυξημένο κατά 19,2%.

Coca-Cola sales beat estimates, helped by higher prices

Coca-Cola posted earnings that met expectations and sales that beat estimates.

Μ.Αναργύρου – Νίκολιτς (Coca Cola – Τρία Έψιλον): Στρατηγικός πυλώνας για την ανάπτυξη η HORECA

Ηενίσχυση του brand equity καθώς και η προώθηση και προβολή των προϊόντων μέσω της premium αγοράς HORECA είναι οι βασικοί στόχοι της Coca Cola – Τρία Έψιλον για το 2024 και συγκεκριμένα για την νέα τουριστική σεζόν, με στόχο την διεύρυνση μεγαλύτερου μεριδίου αγοράς.

PepsiCo reports rare revenue miss, but profit beat and higher dividend

Shares of PepsiCo Inc. slumped premarket Friday, after the beverage and snack giant reported a surprise decline in revenue, marking the first miss of expectations in at least five years amid weakness in the North America businesses.

Campari sells $1.3 bln in shares and debt to fund Courvoisier deal

Italian spirits group Campari  has raised 1.2 billion euros by selling new shares and debt that can be converted into equity to fund last month’s acquisition of French cognac house, it said on Wednesday.