Newell (NWL) reports a sales decline in first-quarter 2024, owing to a core sales drop of 4.7% year over year.
Boston Beer's (SAM) Q1 results reflect gains from pricing actions, improved volumes, a rise in shipments, lower occupancy costs and robust margins.
Mexico's FEMSA , which controls one of the largest Coca-Cola bottlers and a string of convenience store chains, posted an 11% increase in revenue in the first quarter, boosted by growth across nearly all its business sectors. Revenue came in at 178.20 billion pesos ($10.78 billion) in the three-month period, largely in line with expectations, as sales from chain store Oxxo, bottler Coca-Cola Femsa and Femsa's fuel division posted double-digit growth. Sales only fell at Femsa's pharmacy division, down 2.3%, where it closed nearly three-dozen stores and faced challenges across Latin America.