CHARLOTTE, N.C. _ Coca-Cola Bottling Co. on Wednesday reported fourth-quarter net income of $3 million, after reporting a loss in the same period a year earlier. The Charlotte, North Carolina- based company said it had profit of 32 cents per share. The Coca-Cola bottler posted revenue of $440.6 million in the period.» Read More
The online wine retailer TastingRoom.com now offers a solution for wine connoisseurs who wish to indulge in high-end wine by the glass at home. The strategy caters to consumers who are breaking out the corkscrew more often and whose tastebuds are more adventurous than those of older generations.
The Fast Money crew discuss unusually large option volumes in both Green Mountain and Starbucks ahead of last night's announcement by Starbucks. Ketih Siegner, analyst at Credit Suisse, weighs in.
It appears the fastest way to growth for many beer companies is to look beyond beer. The latest example came Tuesday when Molson Coors Brewing announced it is launching Coors Light Iced Tea in Canada next month, with a possible U.S rollout at a later date.
Bourbon now accounts for 70 percent of the $1.1 billion in spirits the U.S. exports annually, according to the Distilled Spirits Council of the United States. Citigroup estimates that sales could double over the next seven years. And that is giving Kentucky's economy a healthy boost.
Forget Dow 13,000, for an indication of which direction the economy may be heading look no further than Napa Valley. After a record $3.1 million in wine was sold at the Premier Napa Valley trade auction this past weekend, it appears the economy may be looking up.
Sunoco’s Craft Beer Exchange Program has been a hit with customers since it began as a pilot program in 12 locations in Western New York in July 2011. The company expanded the program last fall across the state of New York and announced Friday it would be bringing the concept to South Carolina.
John Brock, Coca-Cola Enterprises Chairman & CEO, shares insight on Coca-Cola's latest enterprise and marketing efforts.
The Boston Beer Company will announce a first-ever partnership between the maker of Sam Adams and the Boston Athletic Association, the organizer of the Boston Marathon to brew a special beer for the race.
In this age of Facebook and Twitter, capitalizing on new media is both an opportunity and a conundrum for many companies. Social media can be a great way to connect and stay top-of-mind with consumers, but how can you really quantify what a “like” on Facebook is worth? This is a question the country’s No. 3 craft brewer recently set out to answer, and it now says it’s determined what its Facebook fans mean to its bottom line.
Coors Light recently made national headlines when, according to industry trade publication Beer Marketer's Insights, it passed Budweiser as the No. 2 best-selling beer in the U.S. in 2011, but a lesser known beer quietly put up some impressive numbers of its own: Modelo Especial.
Jim Cramer’s researcher, Nicole Urken, shows examples of divergence among stocks in the same sector.
Tenth and Blake, the craft and import division of MillerCoors, is looking to take a bite out of the burgeoning cider industry with the acquisition of the Crispin Cider Company. The move will give the global beer giant a presence in the beer industry’s fastest growing category.
If man (and woman) has got to eat, the Super Bowl represents to food companies what Christmas is to retailers — a major percentage of sales.
Over at the Gloss, bartender Kristen Hamill reveals what you've known all along: your bartenders are judging you by what you drink.
About 38 million Americans binge drink at least four times a month, a new study says, with an average eight drinks per sitting.
If sin sells — and sex sells, as the success of Internet pornography industry and its annual convention more than demonstrate — then does it follow that investing in sin makes sense?
Is it a good way to influence behavior and/or raise revenue, just like tobacco and alcohol?
Sodastream shares get a pop Thursday on the announcement of co-branding a deal with Kraft Foods. CNBC's Jim Cramer weighs in.
Sodastream Chief Executive Daniel Birnbaum told CNBC Thursday the company's deal with Kraft not only adds "sparkle" to some of Kraft's iconic brands, it enhances Sodastream's business model.
CNBC's Darren Rovell reports the Boston Beer Company hit all time highs.