Tag Archive: Jose Cuervo
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, 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, 2018Cuervo’s U.S. Sales Slip In Second Quarter As Distributors Reduce Inventories
Grupo Cuervo saw its North America volume drop 7% to 3.6 million cases in the three months through June, while net sales slipped 0.4% to MXN$5 billion ($267.6 million) compared to the previous year. Continue reading →
Posted in News on July 26, 2018Currency Woes, Price Hikes Cut Into Cuervo’s First-Quarter Sales And Profits
Grupo Cuervo saw its first-quarter sales decrease 12.7% to $229 million, due to currency fluctuations and what it called a “short-term decline” in the U.S. and Canada following price increases. Continue reading →
Posted in News on April 27, 2018News Briefs for April 17, 2018
•St. Louis-based Luxco has acquired a controlling interest in Derry, Ireland’s Niche Drinks for an undisclosed sum. Continue reading →
Posted in News on April 17, 2018
