Remy Cointreau confident on China after strong second-quarter [Reuters]
Diageo plc (DEO)
US:NYSE Investor Relations:
diageo.com/en/investors
Company Research
Source: Reuters
Remy's second quarter sales boosted by China's thirst for cognac | Reuters 2 Min Read PARIS (Reuters) - French spirits company Remy Cointreau ( RCOP.PA ) achieved stronger-than-expected second quarter sales, helped by robust demand for its premium cognac in China, and it kept its forecast for higher profit growth this year. The group, which makes Remy Martin cognac and Mount Gay rum, has focused on selling spirits priced at $50 a bottle or more as part of a strategy that has benefited from a rebound in Chinese demand as well as solid sales in the United States, its top market. Sales for the three months to Sept. 30 came in at 329.8 million euros ($378 million), marking a like-for like rise of 9.1 percent that beat analysts’ expectations of 7.8 percent growth in a company compiled consensus of analysts. This compared with like-for-like sales growth of 5.9 percent in the first quarter. Sales of Remy Martin cognac, which account for about 71 percent of group sales, rose 12.2 percent on
Show less
Read more
Impact Snapshot
Event Time:
DEO
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
DEO alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
DEO alerts
High impacting Diageo plc news events
Weekly update
A roundup of the hottest topics
DEO
News
- Tanqueray Nº TEN's Tiny TEN Emerges as the Cocktail of Milan Design Week, with Over Ten Thousand Served [Yahoo! Finance]Yahoo! Finance
- Tequila Don Julio Brings Modern Mexican Culture to a National Stage with 'A Summer of Mexicana' [Yahoo! Finance]Yahoo! Finance
- Tequila Don Julio Brings Modern Mexican Culture to a National Stage with 'A Summer of Mexicana'PR Newswire
- 8 Seconds Juneteenth Rodeo Returns for Bigger Second Year in Portland, OR! [Yahoo! Finance]Yahoo! Finance
- 8 Seconds Juneteenth Rodeo Returns for Bigger Second Year in Portland, OR!PR Newswire
DEO
Sec Filings
- 4/2/24 - Form 6-K
- 3/19/24 - Form 6-K
- 3/1/24 - Form 6-K
- DEO's page on the SEC website