Heineken beer sales dip, tariffs add to uncertainty
- Heineken reported a dip in beer sales during the first quarter, but profit forecasts remained unchanged.
- The first-quarter sales decrease occurred due to calendar effects, like a later Easter, impacting sales.
- Global beer volumes totaled 54.1 hectolitres in the first three months, less than analysts anticipated.
- Heineken stated: "We anticipate ongoing macroeconomic volatility...broader uncertainties, including recent tariff adjustments."
- Despite sales fluctuations, Heineken maintains its full-year outlook for a profit gain between 4% and 8%.
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Heineken beats first quarter forecasts as tariff risks loom | Honolulu Star-Advertiser
LONDON >> Heineken reported forecast-beating first-quarter sales on Wednesday and maintained its annual guidance but warned of ongoing volatility caused by uncertainty about the levels and scope of global tariffs.
·Honolulu, United States
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Leaning Left4Leaning Right9Center12Last UpdatedBias Distribution48% Center
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