Fevertree Drinks' second revenue warning in three months sends shares crashing 20%
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(Reuters) - Premium tonic maker Fevertree Drinks issued its second revenue warning in three months on Monday, sending its shares down 20%, as the popularity of gin in Britain ebbed over the Christmas period.The company said its annual profit would be 5% lower than a year ago. Revenue for the calendar year 2020 was expected to rise 9.7% to 260.5 million pounds, it said, but that was lower than its forecast in November for revenue of between 266 million and 268 million pounds."The wider retail..