Carlsberg CEO notes changing beer habits amid cost pressures

Il21 | Istock | Getty Images Spending pressures are dividing beer drinking habits, further clouding the outlook for brewers already battling declining sales volumes. Drinkers are increasingly bypassing once-loved core beer brands and instead opting for premium or economy alternatives, Danish brewer Carlsberg said Thursday, as beermakers confront wider pressures on the drinks sector. “We…

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Brinker CEO credits Chili’s growth to marketing

Brinker International CEO Kevin Hochman unpacked the company’s recent quarter in an interview with CNBC’s Jim Cramer, describing marketing strategies that have improved business. “We refortified our marketing budgets. Three years ago, we spent about $32 million in marketing,” Hochman said. “This past fiscal we just finished, we spent $137 million. So they actually have…

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