The Japanese brewer lifted its profit forecast despite lower revenue expectations, supported by strong domestic beer sales and real estate gains.
The company aims to simplify its portfolio and boost margins as part of a turnaround strategy under interim CEO Alison Lewis.
India’s food regulator has proposed amendments to improve labeling clarity and compositional standards for alcoholic beverages.
Former PepsiCo and Aramark executive Eric Foss takes over as CEO and chairman of Primo Brands amid revised growth outlook.
Monster Beverage achieved record quarterly results, fueled by strong international sales and rising demand for sugar-free energy drinks.