Companies / United States
Growth In US Beer Sector Possible In 2011
January 2011 | Industry Trend AnalysisThe third quarter results posted by beer importer Crown Imports, owned jointly by Mexican brewer Grupo Modelo and wine giant Constellation Brands, have pointed to a possible improvement in the beleaguered US beer sector. Boosted by restocking following supply chain difficulties during the summer, Crown posted a 22% rise in net sales and a 27% increase in operating income for the three months to the end of November. For the first nine months of the firm's fiscal year sales were up by 4%. In addition to highlighting a possible return to growth in the sector, overall the results also suggest
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