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Tag Archive: Pendleton

Cuervo Up 22% In The First Half, Despite Supply Chain Challenges

Grupo Cuervo achieved 22% net sales growth to just over $1 billion in its fiscal first half ended in June, even as supply chain struggles and tough comps hit U.S. volumes in the second quarter. The company’s operating income grew by 32% to $206 million in the first six months of the year. Continue reading →

Posted in News on July 29, 2022

Cuervo Posts Full-Year Sales Up 12.5% To $1.9 Billion

Grupo Cuervo saw net sales grow 12.5% to $1.9 billion in its fiscal year through December on volume up 8% to 25.6 million 9-liter cases. Continue reading →

Posted in News on February 18, 2022

Canadian Whisky Players Invest To Build Category Momentum

While Canadian whisky lately has seen its best growth in the flavored segment, key marketers are undertaking a series of innovations and brand investments across pricing tiers in the core unflavored segment. Continue reading →

Posted in News on October 30, 2019

Cuervo 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, 2019

Canadian Whiskies Look To Burnish Their Craft Credentials

While the Canadian whisky category’s bigger players are expanding their audiences with flavored line extensions, a crop of craft style labels is steadily attracting new consumers. Continue reading →

Posted in News on November 27, 2018

Grupo 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

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