Dive Summary:

• Slow sales in Britain and Ireland and little growth in the U.S., caused shares of Irish cider marker C&C to drop 9%.
• In 2012, the company brought Vermont Hard Cider as way to try to get into the US market. David Holohan, a Merrion Stockbrokers analyst told Reuters, C&C performance in the U.S. was disappointing.
• The unseasonably cold weather is one of the reasons the company believes sales were down.

From the article

… C&C said it expected operating profit in the year to February 2014 to be in the range of 125 million and 132 million euros ($172.06 million), compared to an estimate of 132 million euros, according to Thomson Reuters I/B/E/S.…