Tequila | ESM Magazine

Jack Daniel's-Maker Brown-Forman Cuts Annual Organic Sales Forecast

Jack Daniel's maker Brown-Forman has cut its organic net sales forecast for fiscal 2024, a sign that higher prices are weighing on the demand for its...

Tequila Giant Becle Sees Margins Growing After Troubled Year

Mexican distiller Becle said it expects its profit margins to slowly improve thanks to lower input costs that helped it post a forecast-beating fourth quar...

Jack Daniel's-Maker Brown-Forman Cuts Annual Sales Forecast As Demand Softens

Brown-Forman cut net sales forecast for 2024 as cost-conscious consumers looked at cheaper alternatives to the whisky-maker's more pricier brands in the Un...

Jose Cuervo Distiller Becle's Profit Falls, Dampened By Strong Peso

Mexican distiller Becle, the world's largest tequila producer, has reported an 88% slide in third-quarter profit from last year amid slowing demand in some...

Jose Cuervo Owner Sees Growing Thirst For Tequila

Mexican distiller Becle, parent company of the popular Jose Cuervo tequila brand, has forecast further sales growth in 2023 as it expects to increase the v...

Strong Pricing Helps To Drive Sales Growth For Campari

Italian spirits group Campari reported a 9.6% increase in fourth quarter like-for-like sales, thanks to strong pricing and despite supply constraints.