Tag Archive: Casamigos
Diageo Posts Strong U.S. Growth In Fiscal First Half
Solid gains in North America led Diageo to an organic sales increase of 1% to £6.9 billion ($9.4b) in its fiscal first half ended in December, despite ongoing challenges like on-premise restrictions and a depressed travel retail market. Continue reading →
Posted in News on January 28, 2021Upscale And Mainstream Brands Register Strong Gains Amid A Thriving Tequila Market
In spite of the ongoing pandemic and diminished on-premise environment, Tequila consumption continues to surge to new heights, surpassing 20 million cases (excluding pre-mixed cocktails) in the U.S. for the first time ever in 2020, according to Impact Databank. Continue reading →
Posted in News on January 25, 2021Tequila Drives U.S. Growth For Diageo, But Emerging Markets Weigh Down Results
Diageo benefited from the strong performance of its Tequila and North American whiskey portfolios in its fiscal year through June, with its core U.S. spirits business posting 2% organic sales growth. Continue reading →
Posted in News on August 4, 2020Impact Databank: Luxury Tequilas Continue To Soar
U.S. consumers continue to gravitate to Tequila, with the category’s higher pricing tiers showing the fastest growth. Continue reading →
Posted in News on March 2, 2020Diageo’s U.S. Sales Rise 6%, With Tequila, Whiskies Driving Gains
Dynamic growth in the Tequila and whisk(e)y categories drove strong sales gains for Diageo in its fiscal first half through December, as the company’s North America unit posted revenues up 6% on an organic basis to £2.5 billion ($3.3b), and operating profit up 5% to £1.1 billion ($1.4b). Continue reading →
Posted in News on January 30, 2020Whiskies, Tequila Drive Steady U.S. Progress For Diageo
Whiskies and Tequila continue to spur Diageo’s U.S. gains as it looks to seed growth in new occasions, consumer bases, and markets. Continue reading →
Posted in News on December 11, 2019