Categories AlphaGraphs, Consumer, Earnings
STZ Earnings: Highlights of Constellation Brands’ Q1 2024 results
Constellation Brands, Inc. (NYSE: STZ) announced first-quarter 2024 earnings results on Friday, reporting a 6% increase in net sales.
Comparable earnings, adjusted for one-off items, increased to $2.91 per share in the first quarter from $2.66 per share last year. On an unadjusted basis, the company reported a profit of $135.9 million or $0.74 per share, compared to $389.5 million or $2.06 per share in the prior-year period. At $2.51 billion, first-quarter net sales were up 6%.
“Our Beer Business delivered double-digit net sales growth and continued to outperform the market as the top share gainer. Meanwhile, our higher-end Wine and Spirits Business outperformed the higher-end of the U.S. wine category and gained share in that segment,” said Constellation Brands’ CEO Bill Newlands.
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CL Earnings: Key quarterly highlights from Colgate-Palmolive’s Q2 2024 financial results
Colgate-Palmolive Company (NYSE: CL) reported its second quarter 2024 earnings results today. Net sales increased 4.9% year-over-year to $5 billion. Organic sales increased 9%. Net income attributable to Colgate-Palmolive Company was $731
Key takeaways from Visa’s Q3 2024 earnings report
Credit card behemoth Visa, Inc. (NYSE: V) this week reported mixed results for the June quarter, with earnings matching expectations and sales slightly missing the view. Both numbers grew in
Southwest Airlines (LUV): A look at the airline’s performance in Q2 2024
Shares of Southwest Airlines Co. (NYSE: LUV) were up over 6% on Thursday after the company beat earnings estimates for the second quarter of 2024. The stock has gained 4%
