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Beverages – Financials & Economy
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LVMH Q1 sales drop amid Trump tariffs, sluggish luxury demand in key markets
LVMH faces declining sales in Q1 2025 as tariffs and falling demand impact key markets and product categories.
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Heineken beats Q1 sales forecasts but flags risks from tariffs
Heineken posts higher-than-expected revenues despite volume drop, while tackling tariff uncertainty and antitrust violations in Africa.
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Constellation Brands cuts outlook as Trump tariffs pressure beer, spirits business
Constellation expects softer sales and earnings in fiscal 2026, citing U.S. import tariffs and wine portfolio divestment.
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Nigerian Breweries records US$703.3M revenue in 2024 amid economic challenges, innovation drive
Despite macroeconomic headwinds, Nigerian Breweries expands market share with new products and strategic acquisition in wine and spirits.
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International Breweries posts US$73.57M loss in 2024 despite record revenue growth
The AB InBev subsidiary records its seventh consecutive annual loss, citing foreign exchange challenges despite an 87.63% revenue surge.
