DAVIDsTEA’s (DTEA) Q1 2017 Results
Joel Silver – President and CEO They have not given up on the US “We are in two distinct markets, Canada and the U.S. and it’s clear we’re at different stages of maturity in each. We have a very strong … Continued
Former Coca Cola (KO) CEO Roberto Goizueta on why companies exist
Former Coca Cola (KO) CEO Roberto Guizueta, who was CEO of the company from 1980 to 1997, wrote an essay on why companies exist called “Why Shareowner Value.” “At the Coca-Cola Company, our publicly stated mission is to create value … Continued
AB Inbev (BUD) Q1 2016 Earnings
AB Inbev (BUD) CEO Carlos Brito said Mexico enjoyed robust results while the Brazil region struggled mostly due to political turmoil “The first quarter saw a strong performance in Mexico as well as improving volume trends in the U.S. and … Continued
Starbucks (SBUX) Q1 2016 Earnings Call
Starbucks (SBUX) CEO Howard Schulz said the decline of traditional brick and motor retail isn’t slowing the company’s brand or success down “Our recent classes of new and remodeled retail stores continue to defy established consumer trends away from … Continued
AB Inbev Annual Report Notes
Source: AB Inbev Annual Report AB Inbev (BUD) CEO Carlos Brito says they are building a company which they expect to last 100 years “At Anheuser-Busch InBev, our ambition is to build a great, enduring company for the long term, … Continued
Coca Cola 4Q15 Earnings Call Notes
Ahmet Muhtar Kent – Chairman & Chief Executive Officer Feel confident that wont have to buy bottlers back again after re-franchising them “when we announced the acquisition of CCE, it was, essentially, kind of a 25-year-old problem, and we said … Continued
Brown Forman FY 1Q16 Earnings Call Notes
We’re all anxiously watching market gyrations “This leads me to my second topic, our outlook for fiscal 2016, which we reaffirmed today. Before I dig into that topic, I would like to add that while we are fortunate to have … Continued
Constellation Brands FY 1Q16 Earnings Call Notes
Bought a new wine brand, 600k cases 50% growth “Launched in 2006, Meiomi sold about 60,000 cases in the U.S. marketplace in 2010 and has grown to become a nearly 600,000 case brand since then. It is currently the fastest … Continued
Molson Coors 1Q15 Earnings Call Notes
Worldwide volumes down 3.5% “Worldwide volume declined 3.5%, driven by Europe, Canada and the U.S. Underlying pretax income on a constant currency basis increased 0.6%, driven by positive net pricing, along with results of cost-saving initiatives. The underlying performance of … Continued
Anheuser Busch InBev 1Q15 Earnings Call Notes
Craft strategy is regional ” in terms of crafts or specialties, the strategy in different places, of course, in different countries are slightly different because they are at different stages of development. In the U.S., for example, the segment is … Continued