US

Tequila Giant Becle Sees Margins Growing After Troubled Year

Mexican distiller Becle said it expects its profit margins to slowly improve thanks to lower input costs that helped it post a forecast-beating fourth quar...

Investors Tempted By Brewers As Spirits Sales Falter

Investors are warming to beer stocks as a relatively cheap way to benefit from growth in alcohol brands, particularly in emerging markets, as eas...

P&G CEO Would Change Debate From 'Social Justice To Winning' To Bolster Diversity

Procter & Gamble CEO Jon Moeller told Wall Street analysts that changing the dialogue to "winning" from "social justice" would be a...

Campbell Appoints Anthony Kyles As Chief Customer Officer Of Meals And Beverages Unit

Campbell Soup Company has named Anthony Kyles as the new chief customer officer of its meals and beverages business, effective 4 March 2024.

Ahold Delhaize USA Names Marc Stolzman As Chief Sustainability Officer

Ahold Delhaize USA has appointed Marc Stolzman as its new chief sustainability officer, the company said in a statement.

Jack Daniel's Maker To Sell Cooperage In Alabama

Brown‑Forman Corporation plans to sell its cooperage in Trinity, Alabama, to Independent Stave Company (ISCO).

Walmart Posts 3.9% Increase In Comparable Sales In Q4

Walmart reported a 3.9% rise in comparable sales, excluding fuel, for the fourth quarter ended 31 January, compared to LSEG estimates of 2.91%.

Mutti Earmarks €100m For Expansion And New Products

Italian tomato-based derivatives producer Mutti plans to invest €100 million to launch new subsidiaries and products as part of its 2024-2028 Strategi...