​Wings Clipped: Red Bull Owners Get Lowest Payout In Four Years As Sales Stumble, Competition Grows – Tyler Durden

Wings Clipped: Red Bull Owners Get Lowest Payout In Four Years As Sales Stumble, Competition Grows Red Bull’s owners have seen their ‘wings’ clipped a bit, as the energy drink maker distributed its “lowest payout in four years” to owners this year, according to a new report from Bloomberg.  Its two groups of shareholders, Mark Mateschitz and the Yoovidhya family in Thailand, were distributed €810 million ($897 million) in dividends and related payments, according to the report.  Bloomberg reports that Red Bull’s net sales grew 9% in 2023 to €10.6 billion, but rising costs limited net income growth to just 3.1%, reaching €1.7…  — Continue at ZeroHedge News : Read More