BEAM INC (BEAM) SEC Filing 10-K Annual report for the fiscal year ending Monday, December 31, 2012

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Exhibit 99.1

Beam Reports 2012 Fourth Quarter and Full Year Results

  • Power Brands and Rising Stars Lead Continued Market Outperformance in Fourth Quarter and Full Year
  • Earnings Growth Exceeds 2012 Target
  • Targeting High-Single-Digit Growth in EPS Before Charges/Gains in 2013

DEERFIELD, Ill.--(BUSINESS WIRE)--February 1, 2013--Beam Inc. (NYSE: BEAM), a leading global premium spirits company, today reported results for the fourth quarter and full year 2012.

For the full year 2012, reported net sales increased 7% to a record $2.5 billion. Sales for the year were up 6% on a comparable basis, significantly outperforming the company’s global market. Growth of the company’s premium global Power Brands and broad-based growth across geographies fueled the full-year comparable sales performance. New product innovations, higher pricing in select categories, and trading up by consumers contributed to favorable price/mix and margin enhancement. On a reported basis (GAAP), full-year diluted earnings per share from continuing operations were $2.48 versus $0.85 in 2011. Full-year diluted EPS before charges/gains was $2.40, up 13%, exceeding the company’s 2012 target for low-double-digit growth and ahead of the company’s long-term target of high-single-digit growth. Reported earnings comparisons largely reflect the impact of costs in 2011 associated with the separation of Fortune Brands’ businesses.

For the fourth quarter, reported net sales increased 11% and net sales were up 5% on a comparable basis. Comparable sales growth reflected strong results in the core markets of the United States, Australia and Germany. Diluted EPS before charges/gains for the quarter was $0.67, down 3%, reflecting the company’s previously projected 20% increase in brand-building investment. Diluted EPS from continuing operations for the quarter was up 36% on a reported basis.


The following information was filed by BEAM INC on Friday, February 1, 2013 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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Exhibit 12 - STATEMENT REGARDING CALCULATION OF RATIOS

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Exhibit 21 - SUBSIDARIES OF THE REGISTRANT

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Exhibit 23 - CONSENTS OF EXPERTS AND COUNSEL

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Exhibit 24 - POWER OF ATTORNEY

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Exhibit 31.1 - RULE 13A-14(A)/15D-14(A) CERTIFICATION

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Exhibit 31.2 - RULE 13A-14(A)/15D-14(A) CERTIFICATION

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Exhibit 32 - SECTION 1350 CERTIFICATION

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Exhibit 99 - ADDITIONAL EXHIBITS

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  • Form Type: Annual
  • Number of times amended: 0
  • Accession Number: 0001193125-13-076953
  • Submitted to the SEC: Tuesday, February 26, 2013 4:25:32 PM EST
  • Accepted by the SEC: Tuesday, February 26, 2013
  • Fiscal Year ending: December 2012
  • Industry: Beverages