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  • 3 weeks ago | wsj.com | Laura Cooper

    Jack Daniel's owner Brown-Forman expects net sales will fall this year. (Deb Cohn-Orbach/UCG/Universal Images Group/Getty Images)Jack Daniels maker Brown-Forman forecast a disappointing year ahead, saying geopolitical uncertainty had hit consumers' discretionary spending. Brown-Forman’s net sales fell 7% last quarter from a year earlier. The spirits and wine company forecast annual net sales and operating income would decline by a single-digit percentage.

  • 1 month ago | wsj.com | Heather Haddon |Laura Cooper

    Bar owners say blame the distillers, who say making virgin versions of tequila, gin and whiskey is akin to alchemyClara Choi gets a funny feeling from the drinks she sips when she goes out with friends. The fruity, brightly colored concoctions typically incorporate juices and syrups. They contain no alcohol, but they still make Choi wince and leave her with a different kind of hangover. Copyright ©2025 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

  • 2 months ago | wsj.com | Laura Cooper

    American bourbon whiskeys displayed last month in Berlin. (Carsten Koall/Getty Images)Consumers in Europe stocked up on American whiskeys last year ahead of planned levies, driving American spirits exports to a record year. In a trade dispute stretching back years, the European Union was set to impose a 50% tax on Kentucky bourbon and Tennessee whiskey.

  • 2 months ago | wsj.com | Laura Cooper

    PepsiCo makes the concentrate for nearly all of its U.S. sodas in Ireland. (David Paul Morris/Bloomberg News)PepsiCo, which imports soda concentrate to the U.S., said tariff costs would contribute to an earnings decline this year. The company also cited dampening of consumer confidence driven by the global trade war. Unlike rival Coca-Cola, PepsiCo makes the concentrate for nearly all of its U.S. sodas in Ireland. That concentrate is now subject to a 10% tariff.

  • 2 months ago | wsj.com | Laura Cooper

    Maker of Doritos and Cheetos also cites consumer-confidence drop caused by inflation, global trade warUnlike rival Coca-Cola, PepsiCo makes the concentrate for nearly all of its U.S. sodas in Ireland. That concentrate is now subject to a 10% tariff. Both companies also could be hurt by a 25% tariff on aluminum imports. Copyright ©2025 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8Subscribe NowAlready a subscriber? Sign In

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Laura Cooper
Laura Cooper @LCooperReports
27 May 25

RT @WSJ: Here is an early look at the front page of today's Wall Street Journal https://t.co/QdzGfPH2Rk https://t.co/UwC9eKPlFR

Laura Cooper
Laura Cooper @LCooperReports
23 May 25

RT @WSJ: Mocktails' high-proof price tags are frustrating drinkers who are skeptical that the cost of syrups, sodas and fake spirits can ri…

Laura Cooper
Laura Cooper @LCooperReports
15 Apr 25

RT @Kristinapet: Arkansas prepares to strip soda and candy out of SNAP with speedy USDA support, w/@LCooperReports & @jdawsey1 https://t.c…