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Beverages – Financials & Economy
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Brown-Forman Q1 sales fall 1% as Tequila weakness weighs on Fiscal 2027 performance
Jack Daniel’s Tennessee Blackberry and strong ready-to-drink growth helped Brown-Forman offset declines across Tequila and developed international markets.
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RCL Foods earnings fall 27% as sugar imports, pet food disruptions hit profit
RCL Foods says deep-sea sugar imports, weaker global prices and a pet food recall weighed on earnings, while groceries and baking delivered stronger performances.
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Pernod Ricard sales fall 3.9% as U.S., China spirits markets remain challenging
Pernod Ricard expects subdued spirits demand in the U.S. and China while India delivers stronger growth and supports the group’s global performance.
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Nongfu Spring first-half profit rises 17% to US$1.32B
Tea business outpaced other beverage categories in the first half of 2026, while expanding water sources and improving margins supported overall performance.
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Varun Beverages enters India’s alcoholic drinks market with new RTD subsidiary
The new subsidiary will target India’s ready-to-drink alcoholic beverages segment, subject to regulatory approvals.