Beam Struggles in Q3, Looks to Take Pricing in Q4

Dear Client: Beam Inc. struggled a bit in its third quarter performance with a sales decline of 1% in the North American market primarily due to the reduction of US distributor inventory levels and the weakness of the ready-to-drink (RTD) segment. Following strong performances in the first and second quarter, the company's sales were up 4% for the nine months to September 30. BROWN SPIRITS DRIVE COMEBACK: As we've previously reported spirits trends took a dip in the calendar year