Tag Archive: Jose Cuervo
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, 2022Tequila, RTDs Soar At Retail As Summer Season Heats Up
With bars, restaurants, and outdoor events in full swing and product prices on the rise, beverage alcohol retail sales have slowed from the back-to-back booming years of 2020-2021. Continue reading →
Posted in News on July 8, 2022News Briefs for April 18, 2022
•Proximo Spirits has released Jose Cuervo Tradicional Cristalino, a first for the 100% blue agave Tequila label. Continue reading →
Posted in News on April 19, 2022Cuervo 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, 2022Spirits-Based Cocktails Projected At Nearly 20 Million Cases In The U.S. This Year
While some drinks categories were clearly disrupted by the pandemic, others have only picked up speed over the past two years. One of the biggest winners has no doubt been spirits-based RTDs. Continue reading →
Posted in News on November 15, 2021Proximo’s Lander Otegui On The Opportunity In Tequila Seltzer
Following a limited rollout last summer, Proximo Spirits has launched Jose Cuervo’s Playamar Tequila Hard Seltzer nationally. Continue reading →
Posted in News on March 26, 2021
