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Fevertree’s Annual Profit On Par With Estimates

Tonic maker Fevertree Drinks has posted an annual profit in line with estimates, helped by a strong performance in the US market.

Monster Beverage Misses Revenue Estimates As Increased Pricing Stalls Demand

Monster Beverage missed Wall Street expectations for fourth-quarter revenue, it was revealed today.

Rémy Wants To Fix US Inventory Problems By Year-End, Profits Fall

Rémy Cointreau's CEO recently said that he aimed to end the year with a "sound" level of stock in the United States but it was unclea...

World Wine Output To Fall To Lowest In 60 Years

World wine production is expected to fall to its lowest level in 60 years in 2023 due to poor harvests in the Southern Hemisphere and in some major Europea...

Pernod Ricard's Shares Rise On Signs Of Celebrations Revival In China

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...

LVMH Tumbles As French Luxury Group's Sales Growth Slows

LVMH's shares slumped on Wednesday to their lowest level since December after the French luxury group reported slower third-quarter sales growth.

Corona Beer Maker Constellation Brands Bets On Higher Pricing To Lift Profit View

Constellation Brands raised its annual profit target on Thursday after higher prices and strong demand for its beers and spirits drove a sales and profit b...

Pernod Ricard Shares Drop On China And US Sales Warning

Pernod Ricard warned that sales would decline in Chinese and US markets in its first quarter to Sept. 30, sending shares in the drinks group down 4% on Thu...