Tag Archive: Jose Cuervo
Top Tequila Players Jose Cuervo And Patrón Reach New Heights
After taking a look at how Impact’s Tequila “Hot Brands” for 2022 have fared so far in the year-to-date in yesterday’s issue, today we’ll focus in on the two top-selling brands in the category, Jose Cuervo and Patrón, which combine for 8 million cases in the U.S. annually, according to Impact Databank. Continue reading →
Posted in News on August 10, 2023Cuervo’s U.S. Volumes Slip In Second Quarter
Grupo Cuervo saw price increases impact its North American volumes in the second quarter, as the company cited “pressure on profitability, primarily driven by exchange rate appreciation, input cost inflation, and region mix headwinds.” Continue reading →
Posted in News on July 28, 2023Cuervo’s Sales Approach $2.5 Billion In 2022, Led By Upscale Tequilas
Grupo Cuervo has posted sales up 16% to $2.46 billion for its fiscal year ended in December, as volume increased 7.4% to 27.5 million 9-liter cases. Continue reading →
Posted in News on February 17, 2023News Briefs for January 13, 2023
•Michael Martini, who was born into a Napa Valley wine dynasty and followed in the winemaking footsteps of his father and grandfather, died Tuesday after a brief battle with lung cancer. Continue reading →
Posted in News on January 13, 2023Proximo: Cristalino Tequilas Are Expanding The Category’s Audience
Amid a category sweeping surge for premium- and luxury-priced Tequilas, Proximo spirits is expanding its upscale Gran Centenario line, adding a new Cristalino Tequila, priced at $80 a 750-ml. Continue reading →
Posted in News on November 3, 2022Cuervo Sees Premiumization, Price Increases Drive 20% Sales Hike
Grupo Cuervo has posted a 20% increase in net sales to approximately $581 million for its fiscal third quarter ended in September, with EBITDA up even stronger at 33% to $142 million. Continue reading →
Posted in News on October 28, 2022
