Premium Tequilas Drive Cuervo Growth, Despite Agave Price Pressure

Dear Client: Grupo Cuervo "finished 2019 strong" with volumes up 7.5% and net sales up 9.2% globally, driven by strong depletion trends in the US and Canada as well as growth in super premium tequilas, according to chief Juan Domingo Beckmann. "Our performance continues to outpace the broader spirits industry," he said on this morning's earnings call. GLOBAL … Continue reading "Premium Tequilas Drive Cuervo Growth, Despite Agave Price Pressure"

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