Beam Inc will release its second-quarter and first-half results tomorrow (8 August). Here, just-drinks takes a look at the company’s highs and lows in the three months to the end of June.
- The Kentucky-headquartered group revealed a number of product launches in the quarter. Pinnacle Vodka Rainbow Sherbet and Jim Beam Distiller’s Masterpiece Bourbon were launched in April, as well as the twin launch of Cruzan Key Lime Rum and Cruzan Passion Fruit Rum. Jim Beam Lime Splash followed at the end of April while in June, Beam launched Pinnacle Strawberry Shortcake and Sourz Spirited Toffee Apple.
- In May, the company revealed that the first-quarter furore over the lowering of Maker’s Mark’s abv had helped boost the brand’s sales.
- An analyst warned that emerging markets could trip up Beam this year despite an expected continuation of growth in developed regions.
- In June, another analyst lined up Beam in Pernod Ricard’s firing line, saying the French company could swoop when Beam becomes an easier acquisition target from next month when lighter taxes kick in for any potential buyer.
- Pryce Greenow was promoted to the newly-created role of MD for emerging markets, South America, as Beam upped its focus on the region.
Subscribe to Just Drinks for just £1 for 1 month
Stay ahead with unbiased news, expert commentary, and in-depth features on global topics.
As a trusted provider of data and insights, Just Drinks collaborates closely with industry leaders and professionals to offer unique thought leadership and analysis. Gain a deeper understanding of the drinks industry’s trajectory and the priorities shaping the profession.
What’s included in your subscription:
- Personalized Access: Secure login to Just Drinks
- Industry News & Expert Commentary: Timely updates and exclusive C-level interviews.
- Case Studies & Deep Dives: Real-world applications and in-depth analyses.
- Exclusive Subscriber Newsletter: Weekly top features, plus a new thematic report and webinar.
Ready to stay informed?
Subscribe to unlock exclusive content.
Already a subscriber? Sign in to access your account.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataPleasecomplete this form to request more information, and a representative will be in touch shortly.
