Category Archives: Earnings Report

Molson Coors Grows Dollar Share in 2Q for 1st Time in Over a Decade

Posted on August 4, 2022 by Joel Whitaker

For the first time in over a decade, Molson Coors Brewing Co. is reporting it grew dollar share in the second quarter. The company noted that it “grew dollar share in the U.S. in the 13-week quarter, for the first time … Continue reading →

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Iconic Brands Posts Sharp Revenue Gains, But Net Loss Widens

Posted on August 4, 2022 by Joel Whitaker

Usual financial reporting doesn’t matter so much when dealing with a company’s early years, and Iconic Brands is a textbook case.  It reported total sales of $4,046,797, a 538% increase from the prior year, but its net operating loss widened 337% … Continue reading →

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Heineken Organic Net Revenue Up 24.3%, Organic Net Profit Soars 49.2%

Posted on August 1, 2022 by Joel Whitaker

Heineken N.V. reports revenue in the first half grew 37% (24.3% organic), as reported beer volume increased 15.5% (7.6% organic).  Net profit in the first half grew 22.3% (40.2% organic), the company said. “Premium beer volume grew 10.2%, driving close … Continue reading →

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Diageo Net Sales Jump 21.4%in fiscal 2022, Net Profit After Tax Rises 19.3%

Posted on July 28, 2022 by Joel Whitaker

The company noted the sales growth “reflects contined growth of the on-trade, resilient consumer demand in the off-trade and market shares gains and was underpinned by favorable industry share trends of spirits taking share of total bev/al and by premiumization.”  … Continue reading →

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AB-InBev 2d Quarter Sales Up 11.3%, Volume Up 3.4%, Net Falls 16.6%

Posted on July 28, 2022 by Joel Whitaker

Before you read this, I suggest you take a break and enjoy this song from the 1958 film version of the 1949 Broadway hit, South Pacific. Anheuser-Busch InBev reports what at first glance seems positive earnings.  Total revenue grew 11.3% in … Continue reading →

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Marie Brizard 2d Quarter Revenue Rose 7.5%

Posted on July 28, 2022 by Joel Whitaker

Marie Brizard Wine & Spirits reports second quarter revenue rose 7.5%, largely a result of its international cluster which grew 13.2% vs. its French cluster which inched up 2.5% from a year earlier. The Group’s main brands posted a resilient performance … Continue reading →

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