Post by Sean Clinton

Your daily drinks industry update courtesy of Refine Drinks. Edrington's FY26 results are in - core revenue down 3%, core contribution up 1%, funded by a 19% cut to brand investment. Diageo named its first confirmed senior hire under CEO Dave Lewis. And a new bill in Congress would give tax relief to craft distillers, landing the same week a Kentucky distillery failed and was acquired by Sazerac at auction. Two deeper pieces are also live for subscribers today - a full data-driven look at the Scotch whisky premiumisation strategy, and the connected financial analysis of Edrington's FY26 results. Full coverage in the article below 👇