Tag: Beverages

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.

Constellation Brands Slashes Fiscal-Year Guidance. The Stock Rises Anyway.

Constellation Brands fell short on quarterly sales and slashed its fiscal-year outlook, cutting sales guidance for its wine and spirits business.

China targets EU brandy in tit-for-tat anti-dumping probe

China has opened an anti-dumping investigation on brandy imported from the European Union, a step that appears to be mainly targeted at France and adds to ongoing trade disputes between Beijing and Brussels.

Brown-Forman’s stock slides 4.7% after earnings fall short of estimates

Brown-Forman Corp.’s stock slid 4.7% early Wednesday, after the parent to Jack Daniel’s whiskey posted weaker-than-expected fiscal second-quarter earnings and said a challenging operating environment has it tempering its expectations for the year.

Spirits giant Diageo’s shares suffer Latin American hangover

Nov 10 (Reuters) – Diageo’s shares fell by as much as 16% on Friday after the maker of Johnnie Walker whisky said it expected first-half operating profit growth to drop due to “materially weaker performance” in Latin America and the Caribbean.

Monster Beverage edges past profit expectations on higher pricing, cooling costs

Monster Beverage Corp beat estimates for third-quarter profit on Thursday, helped by higher pricing for its energy drinks and hard seltzers, sending the company’s shares up about 3% in extended trade.

Beer giant AB InBev beats forecasts, but Bud Light boycott continues to hit U.S. revenues

The world’s biggest brewer followed an industry trend of lower volumes and higher revenue on more expensive beer prices.

Coca Cola HBC: Αύξηση 15,3% στα έσοδα το γ΄ τρίμηνο – Σταθερό το guidance για το 2023

Αύξηση 15,3% εμφάνισαν τα καθαρά έσοδα από πωλήσεις της Coca Cola HBC σε οργανική βάση στο τρίμηνο, με τα καθαρά έσοδα από πωλήσεις εννιαμήνου να αυξάνονται κατά 17% σε οργανική βάση. Η εταιρεία διατηρεί αμετάβλητες τις προβλέψεις της για το 2023, καθώς αναμένει αύξηση των λειτουργικών κερδών στο εύρος 9% με 12% σε οργανική βάση.

Beer giant Heineken posts sales hit on Russia exit, higher prices

Heineken sold 4.2% less beer in the third quarter, as the Dutch brewer faced a challenging macroeconomic climate and consumers were deterred by higher prices.

Coca-Cola Beats Earnings Estimates and Raises Guidance

Coca-Cola shares were rising Tuesday after the beverage company easily topped estimates for the third quarter and lifted guidance.

Pernod Ricard’s shares rise on signs of celebrations revival in China

PARIS/LONDON, Oct 19 (Reuters) – French spirits maker Pernod Ricard on Thursday said it expected higher sales this year despite a tough first quarter, painting a positive picture for both China and the United States which helped lift its shares by over 5%.

PepsiCo beats Wall Street estimates, raises earnings outlook

PepsiCo beat Wall Street’s estimates for third-quarter earnings and revenue.