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Morrison H1 results show signs of recovery and beats expectations

Published:  15 September, 2016

Morrisons Supermarkets Plc first half of the year results are showing signs of recovery under the new leadership team and beat analysts expectations.

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Marks and Spencer food sales grow market share

Published:  08 April, 2016

Sales of clothing and homeware at Marks and Spencer continued to fall in the fourth quarter, but the food and drinks section continues to be a saving grace for the high street stalwart.

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Strong sales figures from Pernod Ricard add to pressure on Diageo

Published:  22 October, 2015

Pernod Ricard is reporting solid growth for the three months to September 30, 2015, according to figures released today.

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Strong Fever-Tree results consolidate market position

Published:  27 July, 2015

Fever-Tree, the UK-based manufacturer of premium mixers, has revealed strong growth for the first half of 2015. Its results for the six months to 30 June showed revenue of £24.1m - up 62% on the same period for the previous year.

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Sainsbury's Q1 sales decline due to food price deflation

Published:  10 June, 2015

Sainsbury's sales declined for the sixth consecutive quarter with total retail sales down 0.6% and like-for-like sales down 2.14%. driven primarily by food deflation.

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Tesco 2015 results report a £6.4 billion loss

Published:  22 April, 2015

Tesco has reported the worst annual financial results in the retailer's 96 year history, showing a loss of £6.376bn and underlying profit before tax fall just over 70% for the year.

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Treasury Wine Estates stock recovering strongly, hitting a 52-week high

Published:  17 April, 2015

Treasury Wine Estates stock price hit a 52-week high this week peaking at AUD$5.89 per share before retreating and closing at $5.89.

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Constellation Brands 2015 results: sales increase 24% and company to pay first dividend

Published:  10 April, 2015

Constellation Brands released it fiscal 2015 year end results showing an increase in consolidated net sales of 24% and following another strong year, the company announced it would initiate its first ever dividend payment in the company's history.

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Brown Forman Q3 rise in profits driven by Jack Daniel's and premium whiskey growth

Published:  05 March, 2015

Brown Forman's reported underlying net sales grew by 5% and operating income increased by 7% for the first nine months of fiscal 2015 ending on January 31, 2015, despite the headwinds of a strengthening US dollar and unfavourable foreign exchange.

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Diageo completes Don Julio Tequila acquisition

Published:  02 March, 2015

Last week Diageo completed the full acquisition and control over Tequila Don Julio from Jose Cuervo in exchange for Bushmills Irish whiskey brand.

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LVMH profits up, despite poor wine and spirits performance in 2014

Published:  04 February, 2015

Moët Hennessy Louis Vuitton reported €30.6 billion in revenue for its full year financial results for 2014, which was up 6% over 2013, with revenue increases in all business groups except the wine and spirits arm of the company.

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Burgundy's Domaine Chanzy first company to use crowdfunding for IPO

Published:  02 February, 2015

Domaine Chanzy will be the first company in the world to use a crowdfunding platform to launch its initial public offering (IPO) on the AIM exchange.

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Despite positive H1 results, concerns about Greene King remain

Published:  04 December, 2014

Total revenue was up 3.3% rising to £614.9 million for the first half of 2015 fiscal year for pub company and brewer Greene King, but its operating profit dropped 3.1% to £123.3 million.

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Brown-Forman H1 and Q2 results curbed by poor foreign exchange

Published:  04 December, 2014

The second quarter results from Brown-Forman show net sales have rebounded, growing 5% to $1.135 million in the second quarter, but operating income declined by 3% to $303 million due to the negative impact of foreign exchange.

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Brown-Forman raises its dividend, continuing strong performance

Published:  21 November, 2014

Brown-Forman shows little signs of slowing down following the "most successful year" in the company's history, announcing yesterday that it would be increasing its quarterly cash dividend by 8.6% to $0.315 per share.

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Constellation Brands hits a 52-week high for third time this year

Published:  13 November, 2014

Constellation Brands (STZ) hit a 52-week high in trading yesterday, peaking at US$95.09 per share and closing the day at $94.02, which is the third time this year the company has hit a yearly record level.

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TescoGate: Tesco and Serious Fraud Office confirm criminal investigation

Published:  29 October, 2014

The Serious Fraud Office has launched a criminal investigation into Tesco's accounting irregularities after the retailer confimed it had mis-stated profits by £263 million.

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Pernod Ricard returns to growth in Q1 despite wine sales decline

Published:  23 October, 2014

Pernod Ricard returns to growth in Q1 with organic sales increasing 2% and sales totalling €2,037 million despite the company's Priority Premium Wines category posting a 3% decline in net sales.

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Will Constellation Brands continue its winning streak?

Published:  02 October, 2014

Constellation Brands is set to release its second quarter financials today, and with over 51.9% share-price growth over the past year, the question on everyone's mind is can it continue?

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Treasury Wine Estates may delay AGM due to possible takeover

Published:  01 September, 2014

Treasury Wine Estates announced that it would most likely be postponing its Annual General Meeting (AGM) that is scheduled to be held on 30 October, 2014 to a later date so shareholders could vote the same day as the AGM to potentially consider a possible takeover.

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