HUSA Q1: Brand Heineken Down Low Teens, But Dos Up Mid Teens

Dear Client: Heineken earnings hit early, early this morn, and per usual, only a little ink was spilled on U.S. trends (but expect more in the coming days as the company shares brand plans soon).  Suffice it to say, while brand Heineken has come upon hard times here, Dos Equis is still a train.  "In the USA, beer volume was down by a mid-single-digit," per earnings release.  Brand Heineken "was down in the low-teens, predominantly driven by supply chain disruptions