Beer

Diageo Seeks To Sell Beer Portfolio On Margin Concerns: Reports

Diageo is seeking to divest its beer portfolio on margin concerns, except flagship brand Guinness, Axios reported, citing sources familiar with the world's...

Czech Cola Maker Kofola Buys Brewer Pivovary CZ Group

Czech soft drinks maker Kofola CeskoSlovensko will expand into the beer business with the acquisition of Pivovary CZ Group, the country's fifth largest bre...

Why Brewers Aren't Worried About Wegovy Users Drinking Less Beer

Global brewers AB InBev and Carlsberg this week played down concerns among some investors that demand for weight-loss drugs may lead to a sharp drop i...

Molson Coors Lifts Annual Core Profit Forecast On Price Hikes, Steady Demand

Molson Coors raised its annual core profit forecast after beating third-quarter, helped by price hikes as well as steady demand for its core beer brands li...

Ball Corporation Misses Quarterly Sales Estimates On Slowing Demand

Ball Corporation missed third-quarter sales estimates, hurt by slowing demand for its beverage cans and business disruption at one of its largest customers...

Global Brewers Reap The Rewards As Drinkers Pay More

Global brewers like Anheuser-Busch Inbev are set to benefit from better profit margins next year, analysts and investors say, because price hikes are unlik...

Carlsberg Warns Weak Consumer Sentiment May Hurt Beer Sales

Danish brewer Carlsberg has reported third-quarter sales broadly in line with expectations but warned that weak consumer sentiment in Europe and Southeast...

Anheuser-Busch InBev Posts Q3 Sales Above Expectations

Anheuser-Busch InBev has reported third-quarter sales growth that was slightly better than expected, as pricing boosted revenue and helped offset lower vol...