Supply Constraints + Tough Comps Equals “Challenging” Q3 for Cuervo

Dear Client:  Supply chain constraints plus tough comps hampered Grupo Cuervo's Q3 performance. Volumes were down 2% and net sales were down nearly 8% for the third quarter ended September 30. However, the company is still growing ahead of 2019, with volumes up 23.5% and net sales up 36.6% over Q3 2019. Results were up high … Continue reading "Supply Constraints + Tough Comps Equals “Challenging” Q3 for Cuervo"

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