Tag Archive: Jose Cuervo
Cuervo’s Profits Boosted By Weaker Peso In First Quarter
Grupo Cuervo posted net income up 16% to $59 million in its fiscal first quarter ended in March, boosted by a weaker peso against the U.S. dollar. Continue reading →
Posted in News on April 30, 2025News Briefs for April 2, 2025
•Jefferson’s Bourbon, part of the Pernod Ricard portfolio, has announced a new cask strength, limited edition whiskey. Continue reading →
Posted in News on April 2, 2025Cuervo Posts $2.2 Billion In Sales, With Higher-End Tequilas Lifting Margins
Grupo Cuervo saw net sales slip 3% to $2.2 billion organically at constant currency last year on volume down 6% to 25 million cases. Continue reading →
Posted in News on February 27, 2025Impact Databank: Don Julio, Lunazul, Espolòn Drive Growth In Tequila
Tequila continues to be among the best-performing areas of the drinks market. Continue reading →
Posted in News on February 20, 2025Exclusive: High Noon, Crown Royal Push U.S. Spirits Market To 29th Straight Increase
While conditions have been difficult in the U.S. market over the past year, the spirits category posted its 29th consecutive annual gain by volume, with depletions up 2.5% to 306.6 million 9-liter cases, according to Impact Databank. Continue reading →
Posted in News on January 2, 2025Proximo’s Higher-End Tequilas Boost U.S. Sales
Higher volumes of upscale Tequilas like 1800, Gran Coramino, and Gran Centenario have boosted Proximo Spirits in the U.S. lately, as parent company Grupo Cuervo posted global third-quarter sales of $553 million. Continue reading →
Posted in News on October 24, 2024