SABMiller chief Alan Clark reported "slower momentum in North America" but continued growth in the high end for their F15 Q1 Trading Update issued today that covered the group's first quarter ended 30 June 2014. Domestic US depletions declined 1.2% in the quarter, while shipments were down 1.7%. The high end was up double digits, despite Tenth and Blake softness, while premium lights and regular brands struggled.