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Tag Archive: Jose Cuervo

Cuervo’s U.S. Sales Slip In Second Quarter As Distributors Reduce Inventories

Grupo Cuervo saw its North America volume drop 7% to 3.6 million cases in the three months through June, while net sales slipped 0.4% to MXN$5 billion ($267.6 million) compared to the previous year. Continue reading →

Posted in News on July 26, 2018

Currency Woes, Price Hikes Cut Into Cuervo’s First-Quarter Sales And Profits

Grupo Cuervo saw its first-quarter sales decrease 12.7% to $229 million, due to currency fluctuations and what it called a “short-term decline” in the U.S. and Canada following price increases. Continue reading →

Posted in News on April 27, 2018

News Briefs for April 17, 2018

•St. Louis-based Luxco has acquired a controlling interest in Derry, Ireland’s Niche Drinks for an undisclosed sum. Continue reading →

Posted in News on April 17, 2018

News Briefs for October 27, 2017

•Jose Cuervo has posted 24.3% net sales growth to $299.2 million for its third quarter ended September 30. Continue reading →

Posted in News on October 27, 2017

News Briefs for July 24, 2017

•The Alcohol and Tobacco Tax and Trade Bureau (TTB) is conducting an ongoing investigation into “pay to play” schemes in the Miami metro area. Continue reading →

Posted in News on July 24, 2017

News Briefs for May 22, 2017

•With Bordeaux’s 2016 en primeur campaign underway, some big names started to hit the marketplace with futures prices late last week. Continue reading →

Posted in News on May 22, 2017

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