MGP Ingredients, the US distiller home to El Mayor Tequila and Penelope Bourbon, has cut its forecasts for sales and underlying earnings.
“Lots of work to do” on Bodyarmor, Coca-Cola says
The soft-drinks giant cited declining Bodyarmor and Powerade volumes in the US as the driving factor behind declining sports-drinks sales globally in Q1 and Q2.
Jessica Broadbent September 07 2023