C&C Group Agrees to Buy Asahi’s UK Wholesale Business
The maker of Magners cider, C&C Group, has agreed to purchase the UK wholesale business of Japanese drinks giant Asahi. The deal expands C&C's distribution network in the British market.
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C&C Group Sales Fall Amid Tough Hospitality Conditions
C&C Group, owner of Magners, reported a 5.7% decline in net sales to £1.57 billion for the year ending February 28, attributing the drop to challenging conditions in the hospitality sector.
Bulmers Owner C&C Reports Profit Slide, Warns of Pub Closures
C&C Group, owner of Bulmers, has seen its profits decline and issued a warning about potential pub closures and ongoing pressure on the hospitality sector in Ireland and the UK, attributing the challenges to the cost-of-living crisis.
C&C Group Acquires Innis & Gunn Beer Brand
C&C Group has acquired the Innis & Gunn beer brand, rescuing it from administration.
Multiple Companies Report Q1/Q4/H1 Earnings, Some Beat Estimates
Several companies, including Eagle Point Credit, Eagle Materials, and Home Depot, have released their Q1, Q4, or H1 earnings reports. While some, like Eagle Materials, beat revenue and EPS estimates, others provided highlights from their earnings calls.