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vr3oa
1 month ago
Interested in Corby Spirit and Wine Ltd? Here are five stocks we like better.
Record fiscal 2026 performance: Revenue rose 10% to C$271.6 million, while adjusted operating earnings increased 12% to C$53.7 million and adjusted EPS climbed 15% to C$1.23.
RTDs drove growth: The portfolio delivered 18% volume growth versus 7% for the category, with RTDs now representing about 40% of revenue. Cottage Springs remained Ontario's leading RTD brand, while Corby raised its ABG ownership to 95%.
Strategic focus and cautious outlook: Corby sold Lamb's rum for C$39.2 million, renewed its Pernod Ricard agreement through 2029 and raised its quarterly dividend 4%. Management expects fiscal 2027 uncertainty from potential U.S. product returns and tougher comparisons.
→ NVIDIA Reveals $21 Billion ******* eX Stake: Signal of Confidence or Circular Financing?

#adjusted
18dig
1 month ago
Stock Spirits Group has secured a listing in the UK for some of its Sierra RTD Tequila ******* tails with local big-box retailer Morrisons.
The group sold its lime and strawberry-flavoured Tequila RTDs in UK Lidl stores last year for a limited period.
"Morrisons is our first full listing for the RTDs", Rob Curteis, managing director of Stock Spirits' UK distributor The Drinks Company, told Just Drinks.
The group's 6% abv Sierra Grapefruit Paloma and Lime Margarita RTDs will be available at 460 Morrisons supermarkets from 7 September, a statement from the Sierra brand said.
The 250ml ******* tail cans will be sold with an RRP of £2.60 ($3.54) per can. The drinks will also be part of the retailer's "multi-buy" deal of four drinks for £6.00 and five for £7.00.

#sierra #group #lime #listing
to51PS4DF
1 month ago
Anheuser-Busch InBev has invested in the production of its Cutwater spirits RTDs, a brand the brewing giant has said is enjoying rapid sales growth.
The company is spending $13m at its facility in Baldwinsville in New York state, part of which will also go towards the manufacturing of its Michelob Ultra beer brand.
The capital injection is part of the group's plan to invest $300m across its US production this year. AB InBev also invested the same amount in its production sites in 2025.
In a statement, the Stella Artois brewer said the move is going to "add new production capabilities for Cutwater to help meet rapidly growing demand".
The capital injection will also grow production of Michelob Ultra and "upgrade can and bottle lines", the group said.

#production #inbev #michelob #capital
lmhtrcavzwe
2 months ago
Australian Vintage has struck a distribution partnership with Australian ready-to-drink brand Fellr.
The owner of McGuigan and Tempus Two wines said it will manage efforts to sell Fellr across all Australian states and territories, "strengthening its own beverage portfolio while positioning Fellr for broader expansion".
The deal will see Australian Vintage handle Fellr's existing range of 4% abv RTDs and ****** ist its move into vodka-based RTDs and full bottled spirits.
Australian Vintage chief commercial officer Aaron Lohrey said there was "significant potential" to build on Fellr's "success through our sales and distribution capabilities".
"Our customer relationships and innovative mindset provide a strong platform to expand Fellr's presence, while adding greater benefits to our customers asking for a better range of brands that we bring to market," Lohrey added.

#australian #vintage #rtds #tempus

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