Brown-Forman Corp., Louisville, Ky., reported financial results for the second quarter and first half of its fiscal-year 2014, which ended Oct. 31. In the second quarter, the company’s reported net sales grew by 6 percent to nearly $1.1 billion and reported operating income grew 19 percent to $311 million compared with the prior-year period. For the first six months of the year, reported net sales increased 4 percent and reported operating income increased 9 percent.
Consumers are ‘drinking less but drinking better,’ Technomic reports
December 2, 2013
Premium adult beverages are providing momentum to the on-premise channel, according to Chicago-based Technomic Inc.’s 2013 BarTAB Report. Although the channel is slowing overall as consumers control their spending, higher-priced spirits and beers are growing in restaurants and bars, Technomic reports. In 2012, the on-premise channel grew in 0.7 percent in total volume to reach 1.9 billion gallons, and sales rose 3.5 percent to $97.3 billion, it reports. However, Technomic projects there will be slight declines in volume but continued dollar growth in 2013 and 2014.
Britvic plc, Hertfordshire, United Kingdom, announced its preliminary results for the 52 weeks ending Sept. 29. The company reported full-year revenue growth of 4.4 percent to approximately $2.1 billion, with strong earnings before interest, taxes and amortization growth of 18.4 percent to $222.8 million.
Technomic evaluated adult beverage incidence at casual and fast-casual restaurants
November 25, 2013
New data from Chicago-based Technomic Inc. reveals that adult beverage programs at leading chain restaurants also enhance guest satisfaction. In a new white paper, “Adult Beverage Consumption at the Leading Restaurant Chains,” the market research firm shows how adult beverage consumption across 40 casual-dining and fast-casual restaurants serving adult beverages is associated with higher ratings of the overall experience and stronger loyalty to that restaurant.
Coffee brand unveils discounts, specially designed T-shirt
November 25, 2013
Just in time for Black Friday, Canton, Mass.-based Dunkin’ Donuts is offering special coffee offers and coffee-themed gifts, both in-store and online. The Dunkin' Donuts' holiday coffee celebration includes discounts on packaged coffee and Dunkin' Donuts K-Cup packs, a T-shirt created through the brand's global design challenge, and Dunkin' Donuts Cards with festive holiday designs.
Mission Report highlights company’s ongoing innovation and sustainability efforts
November 22, 2013
Honest Tea, a Bethesda, Md.-based independent operating unit of The Coca-Cola Co., released its 2013 Mission Report. The report is part of the company’s ongoing efforts to be transparent about its business practices and its mission “to seek to create and promote great-tasting, healthier, organic beverages.”
Los Angeles-based Drinks Americas Holdings Inc.’s Day of the Dead craft beer now is available on-premise at the Walt Disney World Resort in Orlando, Fla. The authentic Mexican beer, which is brewed at Mexican-owned brewery Cerveceria Mexicana, now is part of the beverage lineup at the Mexico Pavilion in Epcot.
The January 2017 issue of Beverage Industry includes our 2017 Bottler of the Year cover story as well as articles about new product development, packaging, health and wellness products and more. Check it out today!