Castle Brands Inc., New York, reported financial results for the first quarter of its 2017 fiscal calendar, which ended June 30, 2016. Among the highlights were that net sales increased 1.4 percent to $16.8 million for the first quarter of fiscal 2017.
Coors Light, Miller Lite combine to deliver flat sales to retail volume
August 2, 2016
London-based SABMiller plc and Molson Coors Brewing Co., Denver, reported that its joint venture MillerCoors experienced a second quarter underlying net income decline of 3.8 percent to $468.8 million versus the same period in the prior year.
Atlanta-based The Coca-Cola Co. reported its second quarter 2016 operating results. Reported net revenue declined 5 percent, while organic revenue grew 3 percent, according to the company. Global volume year-to-date grew 1 percent and was even for the quarter, it added. The company also gained global value share in the non-alcohol ready-to-drink beverage market, it says.
New York-based Castle Brands Inc., a developer and international marketer of premium and super-premium branded spirits, reported financial results for the fiscal quarter ended June 30.
The Boston Beer Co. Inc., Boston, reported second quarter 2015 net revenue of $252.2 million, an increase of $20.6 million or 9 percent versus the same period last year. This increase is mainly due to core shipment growth of 7 percent, the company says.
New York-based Castle Brands Inc., a developer and international marketer of premium and super-premium branded spirits, reported financial results for the quarter and 2015 fiscal year, ending March 31.
The Boston Beer Co. Boston, reported its first-quarter 2015 net revenue at $199.5 million, which is an increase of $15.7 million, or 8.5 percent, compared with the same period last year, the company says. The increase is mainly due to core shipment growth of 6 percent, it says. Net income for the first quarter was $13.7 million, or $1 per diluted share, an increase of $5.4 million, or 38 cents per diluted share, from the first quarter of last year, it reports. This increase was primarily due to shipment increases and slightly improved gross margins, it explains.
Kalaheo, Hawaii-based KonaRed Corp. reported an 80 percent increase in consumer product sales plus delivery revenues to nearly $1.1 million for 2014, compared with nearly $605,000 the previous year. Net sales for the company, which includes consumer product sales, delivery fees and raw material ingredient sales, increased 39 percent to nearly $1.3 million, compared with nearly $906 million in 2013.