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Global wine producers are being hit by a once in a generation squeeze as France faces a projected 70 year low in 2026 output, rising failures and shrinking vineyards. Supply is tightening, costs are under pressure, and capital is flowing t…
Davide Campari-Milano has delivered mixed results for long term shareholders, with the stock down 48.4% over 5 years even as more recent returns have turned positive. That raises a straightforward question for anyone looking at Campari tod…
How did a once-regional Italian liquor become a global phenomenon? WSJ breaks down the strategy behind Aperol's rise—and the growing competition challenging its dominance. View Comments
This article first appeared on GuruFocus. Organic Top-Line Growth: +2.7% in H1 2026, with Q2 at +2.5%. Gross Margin: 130 bps organic accretion, driven by positive mix, input cost benefits, and lower tariff impact. EBIT Adjusted Margin: 130…
Campari has significantly increased advertising in the U.S. and sales of Aperol are already on the rise there as American drinkers acquire a taste for the aperitif. Continue Reading
The group behind the Aperol aperitif, Courvoisier cognac and Wild Turkey bourbon said it would keep investing to boost sales growth, offering investors hope of fresh impetus. Continue Reading
The Italian distiller set out cautiously positive guidance for a year in which it expects sales and earnings growth to be tempered by trade tariffs and currency effects. Continue Reading
[Businessman saying no to glass of whiskey offered by colleague] Prostock-Studio/iStock via Getty Images A sharp slowdown in demand for premium spirits has left the world’s largest alcohol producers with record stockpiles of unsold whisky,…
The Italian distiller’s sales rose 4.4% for the quarter as consumers continued to warm to the group’s tipples. Continue Reading View Comments
If you’re looking at Davide Campari-Milano and wondering whether it’s time to buy, hold, or move on, you’re in good company. Market watchers have had their eyes fixed on the Italian beverage giant as its share price has taken a noticeable…
The European Union expects wine and spirits exported to the U.S. will face the baseline 15% tariff from Friday, as the clock runs down for levies on the bloc to kick in. The U.S. and EU are ironing out the finer details of a trade agreemen…
[EU Tariff Conflict] The European Union has prepared a new list of retaliatory tariffs worth €72 billion ($84 billion) on U.S. goods, including Boeing (NYSE:BA [https://seekingalpha.com/symbol/BA]) aircraft, automobiles, bourbon, and a wid…
[Close-up of pouring whiskey or rum on the bar] Kesu01 An update on U.S. Dietary Guidelines from the Department of Health and Human Services and the Department of Agriculture is expected to include a brief statement encouraging Americans t…
Campari collaborates with Mads Mikkelsen in its fourth year as partner of the 78th Festival De Cannes The iconic red bitter brand is set to enchant with a dazzling array of events, including its famous Campari Event – Discover Red – at Hyd…
↗️ Pinterest (PINS): The social-media company swung to a profit and guided for higher-than-expected revenue this quarter. That helped soothe concerns trade policy would hurt spending on digital advertising. Continue Reading View Comments
Organic Net Sales Growth: Negative 4.2%, equating to a decrease of 28 million. Total Sales Growth: 0.3% in Q1. EBITDA Adjusted: Declined by 17.2% organically with a margin dilution of 310 basis points. Gross Margin: Remained flat, impacted…
Davide Campari-Milano reported first-quarter sales that missed analysts’ expectations at a rocky time for the beverage industry given global trade tensions and falling demand after a spike in alcohol consumption during the pandemic. Contin…
MILAN (Reuters) - Italian spirits group Campari posted a decline in revenue and adjusted operating profit in the first quarter, well below analysts expectations, but confirmed its outlook for this year and the medium term. "Looking forward…
Trump's reciprocal tariffs are the latest headwind to spill into the wine and spirits industry. EU imports now face a 20% reciprocal tariff, set to go into effect on Apr. 9, which could have major implications for producers, restaurants, r…
Shares in European drinks companies fell after President Trump threatened to impose 200% tariffs on alcohol imports from the European Union. European beer, wine, champagne and spirits makers sold off Thursday. Continue Reading View Comments
President Trump threatened to impose 200% tariffs on alcohol from the European Union, one day after the EU said it planned 50% import taxes on U.S. whiskey and other products from April 1, in retaliation for steel and aluminum levies. “If…
By Elisa Anzolin MILAN (Reuters) - Italian spirits group Campari (CPR.MI) plans to put the brakes on M&A and focus on developing its most promising brands as it faces a hit from U.S. tariffs, its new chief executive said. The decision to e…
Organic Top Line Growth: 2.4% for 2024. Total Growth: 5.2% for 2024. Q4 Top Line Growth: 3.4%. Gross Margin: Improved by 40 basis points in Q4. Adjusted EBITDA: Down by 2.5% for 2024. Gross Profit Increase: 2.4% for 2024. A&P Spend: Increa…
The potential 12-month impact of 25% duties on imports from Mexico, Canada and Europe into the U.S., which isn’t included in the guidance, is expected between €90 million and €100 million. Continue Reading View Comments
MILAN (Reuters) - Italian spirits group Campari warned on Tuesday of the potential hit from U.S. tariffs in what it said would be a "transitional year" under its new chief executive. The spirits industry is facing a prolonged downturn in d…
This Black History Month, the iconic cognac and orange liqueur brand unveils vignettes that celebrate the art of reinvention in partnership with hip hop icon, Future NEW YORK, Feb. 24, 2025 /PRNewswire/ -- Grand Marnier® deepens its partne…
MILAN (Reuters) - Italian spirits group Davide Campari said on Thursday it needed to take some "tough decisions, such as organizational restructuring" to ensure the group's return to medium and long-term financial health. Italian daily MF…
(Bloomberg) -- It’s been another tough week for Europe’s beaten-down distillers. Most Read from Bloomberg Citadel to Leave Namesake Chicago Tower as Employees Relocate State Farm Seeks Emergency California Rate Hike After Fires Transportat…
By Nell Mackenzie LONDON (Reuters) - Hedge funds have turned optimistic about European companies that sell things people want but don't necessarily need, especially luxury goods, according to a Goldman Sachs note on Wednesday seen by Reute…
By Tassilo Hummel PARIS (Reuters) - French cognac makers increased shipments to the United States in December, trade data showed, as distributors fill up their stocks to prepare for possible new tariffs while demand in the country shows si…
Organic Net Sales Growth (9 Months): 2.1% Organic Net Sales Growth (Q3): 1.4% EBIT Organic Decline (9 Months): 4.2% EBIT Margin (9 Months): 21.9%, down 140 basis points Gross Margin Dilution (9 Months): 10 basis points Pretax Profit (Adjus…
Organic Net Sales Growth (9 Months): 2.1% Organic Net Sales Growth (Q3): 1.4% EBIT Organic Decline (9 Months): 4.2% EBIT Margin (9 Months): 21.9%, down 140 basis points Gross Margin Dilution (9 Months): 10 basis points Pretax Profit (Adjus…
By Elisa Anzolin MILAN (Reuters) -Shares in Campari were on course for their biggest single-day drop in more than four years on Wednesday after the Italian spirits group significantly missed analysts' third-quarter earnings expectations. C…
By Elisa Anzolin MILAN (Reuters) -Shares in Campari were on course for their biggest single-day drop in more than four years on Wednesday after the Italian spirits group significantly missed analysts' third-quarter earnings expectations. C…
Organic Net Sales Growth: Up 3.8%, with Q2 acceleration of 6.9%. EBIT Organic Growth: 2.1%, with a margin of 23.6%. Net Debt to EBITDA Adjusted: 3.5 times on a reported basis. Gross Margin: Impacted by negative mix effect, with a 30 basis…
(Bloomberg) -- The resignation of Davide Campari NV’s chief executive officer after only five months at the helm ends an unrewarding period for investors in the Italian maker of Aperol. Most Read from Bloomberg California’s Anti-Speeding B…