Category Archives: Earnings Report

Campari Organic Sales Jump 19.2%, Net Profit Soars 40.4%

Posted on July 27, 2022 by Joel Whitaker

Sales in the Americas, which comprise 44% of Campari Group’s total sales, were up 12.9% organically in the fiscal first half.  Sales in the largest market, the U.S., were up 7.1%, and accelerated slightly across core brands despite tough comparables.  … Continue reading →

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Boston Beer Depletions Off 7%, Shipments Down 1.1%, Revenue Up, Net Down

Posted on July 21, 2022 by Joel Whitaker

Boston Beer Co. reports for the second quarter, ended June 25, depletions fell 7%, shipments eased 1.1%, net revenue increased 2.2% to $616.2 million, but net income slipped to $53.3 million, or $4.31 a share, from a year earlier. The drop … Continue reading →

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Scheid Revenue Jumps 34%, But Firm Swings to a Loss

Posted on July 15, 2022 by Joel Whitaker

Schwab Family Wines reports reports total revenue of $15/9 million in the three months ended May 31, a 34% increase from $11.9 million a year earlier.  But the company, for reasons that are not clear to us, post a net … Continue reading →

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CBrands Net Soars 143% on 17% Jump in Sales

Posted on June 30, 2022 by Joel Whitaker

Constellation Brands reports net income rose 143% to $390 million, or $2.06 a share, as fiscal first quarter sales rose 17% to $2.36 billion. Beer Business The beer business achieved double-digit net sales and operating income growth and 9%depletion growth … Continue reading →

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Budvar Profit Rises Again

Posted on June 29, 2022 by Joel Whitaker

Budvar, the Czech brewer that has been in a long legal dispute with Anheuser-Busch over the Budweiser brand saw its net income last year rise 10% for the second consecutive year. Exports were up 11%, a record and output rose 4.6% to … Continue reading →

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Iconic Brands Revenue Soars 74%, Net Loss Widens

Posted on June 16, 2022 by Joel Whitaker

Iconic Brands Inc. reports revenue in 2021 rose 74% to $4.96 million. The increase was due primarily to $2,192,119 sales from the Company’s newly acquired TopPop products. Sales were comprised of Bellissima Prosecco and Sparkling Wines, the line of Hooters brand … Continue reading →

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