Beam Global will release its Q1 results tomorrow

Beam Global will release its Q1 results tomorrow

Fortune Brands, the parent company of Beam Global Spirits & Wine, is set to release its first-quarter results tomorrow (29 April). Below, we take a look at the highs and lows for the unit in the three months to the end of March.

  • Following the release of its full-year results (see below), at the end of January, Fortune said that it was on the lookout for potential acquisitions for Beam Global, particularly in the rum and vodka categories.
  • Finally, just after the end of the first quarter, Beam Global won a lawsuit in the US against Diageo to protect the copyright of the red wax seal used on bottles of Maker's Mark Bourbon. Diageo had been using a red wax seal on its Jose Cuervo Tequila in the country.

Yesterday (27 April), Fortune raised its full-year earnings guidance after what the company described as a strong start to 2010.

To view Fortune's latest set of full-year results, click here.