[ad_1] Diageo reported profits and sales for fiscal 2023 that came in below expectations, despite abaove-consensus organic net sales growth of 6.5%, and confirmed its 2023-25 projections for sales and…
Tag: Alcoholic Beverages/Drinks
How America’s New Favorite Beer Hammered the Competition
[ad_1] Modelo Especial dethroning Bud Light was a decade in the making—and its coronation began with one man blocking a $20 billion deal. [ad_2] Source link
After Bud Light Debacle, AB InBev Takes a Bow at Ad-Biz Oscars
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Bud Light Loses Title as Top-Selling U.S. Beer
[ad_1] Modelo Especial overtook the brand as the top-selling U.S. beer in May, punctuating a monthslong boycott of Bud Light that has reshuffled the beer industry. [ad_2] Source link
Ivan Menezes, Longtime CEO of Guinness Maker Diageo, Dies at 63
[ad_1] Ivan Menezes is credited with growing the drinks company significantly since he became CEO in July 2013, with Diageo now selling around 200 brands in more than 180 markets.…
This Bud’s for You: Time to Buy Anheuser-Busch InBev
[ad_1] The global beer conglomerate finds itself caught up in a distinctly American uproar. But for long-term investors, the Bud Light brouhaha could be a rare buying opportunity. [ad_2] Source…
Bud Light Maker Compensates Workers Targeted in Dylan Mulvaney Backlash
[ad_1] Anheuser-Busch said it would triple its U.S. marketing spending on the brand this summer after the turmoil dented sales. [ad_2] Source link