Fiona Rutherford

New York

U.S. Healthcare Reporter at Bloomberg News

US Healthcare Reporter / [email protected]

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Articles

Molson Coors Cuts Outlook on Weak US Beer Demand

6 days ago | bloomberg.com | Fiona Rutherford

Coors Light beer. Photographer: Gabby Jones/Bloomberg(Bloomberg) -- Molson Coors Beverage Co. lowered its full-year guidance as the challenging consumer environment in the US drives shoppers away from the company’s products. The Coors Light and Miller Lite manufacturer now expects 2025 underlying diluted earnings per share to increase in the low single digits. It previously said profit would rise in the high single digits.
Altria Reaffirms Guidance as Cigarette Sales Drop Nearly 14% (2)

2 weeks ago | news.bloombergtax.com | Fiona Rutherford

Altria Group Inc. reaffirmed its full-year profit guidance even as the Marlboro maker wrestles with weak cigarette and oral tobacco product sales. The company still expects full-year 2025 adjusted diluted earnings per share growth of 2% to 5%, it said in a statement. Cigarette shipments in the first quarter dropped almost 14% from the same period last year, while oral tobacco products fell 5%. Adjusted diluted earnings per share in the quarter of $1.23 a share beat Wall Street expectations.
Altria Reaffirms Guidance as Cigarette Sales Drop Nearly 14% (1)

2 weeks ago | news.bloomberglaw.com | Fiona Rutherford

Altria Group Inc. reaffirmed its full-year profit guidance even as the Marlboro maker wrestles with weak cigarette and oral tobacco product sales. The company still expects full-year 2025 adjusted diluted earnings per share growth of 2% to 5%, it said in a statement. Cigarette shipments in the first quarter dropped almost 14% from the same period last year, while oral tobacco products fell 5%. Adjusted diluted earnings per share in the quarter of $1.23 a share beat Wall Street expectations.
Altria Reaffirms Guidance as Cigarette Sales Drop Nearly 14%

2 weeks ago | bloomberg.com | Fiona Rutherford

A pack of Philip Morris Marlboro brand cigarettes. (Bloomberg) -- Altria Group Inc. reaffirmed its full-year profit guidance even as the Marlboro maker wrestles with weak cigarette and oral tobacco product sales. The company still expects full-year 2025 adjusted diluted earnings per share growth of 2% to 5%, it said in a statement. Cigarette shipments in the first quarter dropped almost 14% from the same period last year, while oral tobacco products fell 5%.
Europäer haben vor Trumps Rückkehr ins Weiße Haus US-Alkohol auf Vorrat gekauft

2 weeks ago | bloomberg.com | Fiona Rutherford

Have a confidential tip for our reporters? Before it’s here, it’s on the
Europeans Saw Trump’s Trade War Coming and Gorged on US Booze

2 weeks ago | news.bloombergtax.com | Fiona Rutherford

Europeans splurged on American spirits ahead of Donald Trump’s return to the White House and the potential for him to start another trade war. The value of shipments to the European Union rose about 40% to $1.2 billion last year, according to a report from the Distilled Spirits Council of the US, an industry trade group. Bottles of Jack Daniel’s whiskey for sale in a store in Lisbon.
Trump’s Tariff Threat Pushed US Alcohol, Spirits Exports to Record

2 weeks ago | bloomberg.com | Fiona Rutherford

Europeans splurged on American spirits ahead of Donald Trump ’s return to the White House and the potential for him to start another trade war. The value of shipments to the European Union rose about 40% to $1.2 billion last year, according to a report from the Distilled Spirits Council of the US, an industry trade group.
Europeans Saw Trump's Trade War Coming and Gorged on US Booze

2 weeks ago | financialpost.com | Fiona Rutherford

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La amenaza de las redadas en EE.UU. reduce la venta de cerveza entre consumidores hispanos

3 weeks ago | bloomberglinea.com | Fiona Rutherford |Sabah Meddings |David Morris

Bloomberg — El retroceso del gasto de los compradores hispanos se perfila como un factor importante en la ralentización de las ventas de cerveza en EE.UU., especialmente para las marcas que han confiado durante mucho tiempo en ese grupo de consumidores. Sólo ocho de las 25 principales marcas de cerveza en EE.UU. están creciendo este año, según datos de venta al por menor de la consultora Bump Williams compartidos con Bloomberg.
Trump Policies Spark Beer Sales Decline Among Hispanic Consumers

3 weeks ago | bloomberg.com | Fiona Rutherford |Sabah Meddings

Cases of Corona and Modelo beer sit on display for sale. (Bloomberg) -- A spending pullback by Hispanic shoppers is emerging as a major factor in slowing US beer sales, especially for brands that have long relied on that consumer group. Just eight of the top 25 beer brands in the US are growing this year, according to retail data from Bump Williams Consulting that was shared with Bloomberg. Hispanic consumers have long been a cornerstone of beer’s growth, industry experts say.