Tag: Beverages

Spirits maker Diageo said Tuesday that it is taking steps to deal with the potential impact of U.S. tariffs on key supply chain regions and has removed its medium-term guidance due to macroeconomic and geopolitical uncertainty.

PepsiCo forecast annual profit below expectations and missed quarterly revenue estimates on Tuesday, as the Doritos maker faces weakening demand for its sodas and snacks such as Lay’s in the United States, its largest market.

Στην Αίγυπτο η ταχύτερη γραμμή παραγωγής της Coca-Cola HBC και νέο Digital Hub που θα εξυπηρετεί 27 αγορές – Δημιουργία 750 θέσεων εργασίας – Ο ρόλος του μποϊκοτάζ

Coca-Cola’s European bottling unit has ordered a major recall in three countries after finding a high level of a thyroid-disrupting chemical in some soft drinks.

Carlsberg green up pointing triangle agreed to sell its Russian Baltika Breweries business, ending a long-running legal dispute sparked after the Russian government seized control of the business.

Τους τελικούς όρους -με ημερομηνία 18 Νοεμβρίου 2024- σε σχέση με το οκταετές ομόλογο που εκδίδει, ανακοίνωσε η Coca Cola HBC. Μέσω της συγκεκριμένης έκδοσης, η εταιρεία θα αντλήσει το ποσό των 500.000.000 ευρώ.

Στην έκδοση ομολογιών οκταετούς διάρκειας και σταθερού επιτοκίου, ύψους 500 εκατ. ευρώ, προχωρά η Coca Cola HBC Finance B.V., σύμφωνα με ανακοίνωση της Coca Cola.

Monster Beverage missed Wall Street estimates for third-quarter sales and profit on Thursday, as cost-conscious consumers cut back spending on its higher-priced beverages.

Coca-Cola Europacific Partners , a bottling unit of Coca-Cola lowered its annual sales forecast on Tuesday in response to reduced demand for beverages in Europe, as well as weakness in Indonesia linked to the Middle East conflict.

Coca-Cola Europacific Partners , a bottling unit of Coca-Cola lowered its annual sales forecast on Tuesday in response to reduced demand for beverages in Europe, as well as weakness in Indonesia linked to the Middle East conflict.

Η Coca-Cola ανακοίνωσε τα αποτελέσματα γ’ τριμήνου 2024, στα οποία κατέγραψε αύξηση των καθαρών εσόδων από πωλήσεις σε οργανική βάση κατά 13,9%, στο τρίμηνο, και κατά 13,7% στους πρώτους εννέα μήνες του έτους.

Shares in Aperol maker Davide Campari-Milano fell after its third-quarter sales missed expectations and raised the prospect of earnings cuts.

Coca-Cola is aiming to hit the higher end of its organic sales forecast for 2024 as growing demand for its higher-priced sodas and juices in the U.S. helped it post a surprise rise in third-quarter sales on Wednesday.

PepsiCo on Tuesday lowered its full-year outlook for organic revenue after its second straight quarter of weaker-than-expected sales.

China imposed temporary anti-dumping measures on imports of brandy from the EU on Tuesday, hitting French brands including Hennessy and Remy Martin, days after the 27-state bloc voted for tariffs on Chinese-made electric vehicles (EVs).

Shares in Campari fell nearly 6% on Friday with several traders and analysts citing comments by the Italian spirits group’s chief executive, describing the current quarter as “still quite soft” for the industry

Brown-Forman Corp. BF.B  said Thursday it had net income of $195 million, or 41 cents a share, for its fiscal first quarter to July 31, down from $231 million, or 48 cents a share, in the year-earlier period. Sales fell 8% to $951 million.

France’s Pernod Ricard on Thursday forecast its sales will grow again next year even as challenges in the U.S. and Chinese markets persist, after reporting an annual 1% drop largely in line with forecasts and its own guidance.

Danish brewer Carlsberg on Tuesday lifted its forecast for full-year operating profit growth despite posting weaker-than-expected sales for the second quarter hit by bad June weather.

Monster Beverage missed market expectations for second-quarter sales on Wednesday as budget-conscious consumers kept a tight lid on spending, hurting demand for its pricey energy drinks amid an uncertain economic environment.