Brazil supermarket chain GPA teams with local brewer to sell in-house craft beer [Yahoo! Finance News]
The Dixie Group, Inc. (DXYN)
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Source: Yahoo! Finance News
Brazil supermarket chain GPA teams with local brewer to sell in-house craft beer By Gabriela Mello SAO PAULO, Nov 19 ) - Brazilian supermarkets chain Grupo Pao de Acucar SA has teamed-up with a local brewery to launch its own craft beer brand, a move likely to boost the share of in-house products in its total sales to over 20% in 2020, an executive said. The local subsidiary of France's Casino Guichard Perrachon SA currently offers its customers over 2,000 in-house products from various categories, representing approximately 13% of total sales, according to its most recent earnings report. GPA's launch of its "Fábrica 1959" beer brand comes amid growing consumer interest in craft beers around the world. "We sell almost 20 million bottles of craft beer per year, and it's a market with high growth potential, as consumers increasingly migrate from mainstream brands," GPA's director of exclusive brands, Samir Jarrouj, told in an interview. The company expects its Fábrica 1959 brand to re
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DXYN
News
- The Dixie Group, Inc. (NASDAQ: DXYN) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- The Dixie Group, Inc. (NASDAQ: DXYN) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- The Dixie Group, Inc. (NASDAQ: DXYN) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- The Dixie Group, Inc. (NASDAQ: DXYN) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- The Dixie Group, Inc. (NASDAQ: DXYN) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
DXYN
Sec Filings
- 11/1/24 - Form 8-K
- 11/1/24 - Form 8-K
- 10/28/24 - Form 10-Q
- DXYN's page on the SEC website