Tag Archive: Jose Cuervo
Cuervo Sees Strong Sales, Profit Growth In Third Quarter
Grupo Cuervo posted net sales up 12.5% to MX$7 billion ($367m) in its fiscal third quarter ended in September, as volume rose 6.8% to 5.3 million 9-liter cases. Continue reading →
Posted in News on October 24, 2019Exclusive: Cuervo Sharpens Focus On 100%-Blue Agave Tradicional With Multi-Million Dollar Campaign
With 100%-blue agave Tequilas soaring in the U.S., market leader Jose Cuervo is turning up the volume on its higher-priced Tradicional tier with a new multi-million dollar ad campaign called the “Father of Tequila.” Continue reading →
Posted in News on June 17, 2019Tequila’s Mainstream Tier Sees Growing Influx Of 100%-Blue Agave Entrants
While much of the excitement in Tequila is at the luxury end (above $40), there’s also plenty of growth at the more mainstream premium tier ($15-$25). Continue reading →
Posted in News on June 6, 2019Cuervo Posts Strong Start To 2019, With Sales Up By Double Digits
Grupo Cuervo has rocketed out of the gate in 2019, with first quarter sales rising 22.5% to MX$5.28 billion ($278m) and EBITDA up 6.8% to MX$1.15 billion ($60.4m). Continue reading →
Posted in News on April 30, 2019Leading Spirits Brands Outpace The Market In 2018
The U.S. spirits market has closed the books on a successful 2018, in which the category delivered another year of positive growth, driven by solid performances for many of the industry’s largest brands. Continue reading →
Posted in News on January 2, 2019Grupo Cuervo Posts Sales And Volume Rises In The U.S. Market As Operating Profit Dips
Grupo Cuervo’s volumes in the U.S. and Canada rose by 4.6% to 2.8 million cases in its third quarter ended September 30, 2018, the company reported today. Continue reading →
Posted in News on October 26, 2018
