Beverages News

Coca-Cola (KO) Surges 7% as Zero-Sugar Boom and FIFA World Cup Drive Q2 Beat

Coca-Cola jumped 7% after beating Q2 estimates and raising full-year guidance, boosted by zero-sugar demand growth and FIFA World Cup sales.

Jul 29, 2026

Giant Wine and Spirits Brand Files Chapter 11 as Post-Pandemic Alcohol Decline Deepens

A major wine and spirits brand filed Chapter 11 as sustained post-pandemic declines in alcohol consumption erode revenue across the sector.

Jul 29, 2026

Varun Beverages Plunges 8% on Q2 India Volume Miss Amid Peak Summer Demand Season

Varun Beverages (VBL) shares plunged as much as 8% after Q2 FY27 results disappointed on India volume growth, with domestic carbonated soft drink volumes falling short of estimates despite the traditionally strong summer selling season.

Jul 29, 2026

Brown-Forman Board Rejects Sazerac Acquisition Approach, Calls Proposal Non-Actionable

Brown-Forman's board rejected a takeover approach from Sazerac as non-actionable, keeping the Jack Daniel's owner independent while raising questions about its standalone turnaround strategy.

Jul 27, 2026

Som Distilleries Crashes 12% After Madhya Pradesh Excise Department Rejects Bhopal License

Som Distilleries shares crashed 12% after its Bhopal plant excise license application for FY26-27 was rejected by Madhya Pradesh

Jun 22, 2026

Celsius Holdings Delivers Strong Profit Margins With Room to Expand as Scale Increases

Celsius Holdings is generating strong profit margins with management confident further expansion is achievable as distribution scale and premium brand positioning solidify

Jun 22, 2026

Keurig Dr Pepper Organic Growth Set to Slow Despite Acquisition Boost

May 8, 2026

Brown-Forman Stock Tumbles as Merger Talks With Pernod Collapse

May 3, 2026