Brown-Forman CorporationRevenue fell 5.4% and EBITDA missed expectations.
Brown-Forman reported third-quarter revenue of $1.04 billion, a 5.4% decline from a year earlier, beating analyst estimates by 1.7% but missing EBITDA expectations. The 14 beverages, alcohol, and tobacco stocks tracked by StockStory collectively beat revenue consensus by 4.7%, though next-quarter guidance came in 3% below estimates. Vita Coco was the standout performer with revenue surging 37.3% to $179.8 million, exceeding forecasts by 20.5%, while Boston Beer lagged with a 4.4% revenue drop to $433.9 million and significant misses on operating income and EPS. Altria posted a 5.3% revenue gain to $4.76 billion, and Monster Beverage grew 26.9% to $2.35 billion, both topping analyst expectations.
Brown-Forman CorporationRevenue fell 5.4% and EBITDA missed expectations.
Vita Coco Company IncRevenue surged 37.3% to $179.8 million, exceeding forecasts by 20.5%.
Monster Beverage CorpRevenue grew 26.9% to $2.35 billion, topping analyst expectations.
Altria GroupRevenue gained 5.3% to $4.76 billion, beating expectations.
Boston Beer Company IncRevenue dropped 4.4% to $433.9 million with significant misses on operating income and EPS.