Premiumization Buoys Proximo’s FY 2022 Results in Face of Volume Slowdown
Dear Client: Grupo Cuervo ended its fiscal year with global volumes up 7.4%, driven by volume increases in Mexico and 'rest of world', but weighed down by a 2.5% decrease in the US and Canada, per release. Global net sales were up 16%, driven by premiumization and volume growth. "Underlying demand for our brands … Continue reading "Premiumization Buoys Proximo’s FY 2022 Results in Face of Volume Slowdown"