Beam Suntory’s Growth Outside North America Offsets US Slowdown in ’23

Dear Client: Beam Suntory reported a global net sales increase of 7% in 2023. "We are pleased with the results we delivered last year as our portfolio of brands— rooted in quality and craftsmanship— and our geographic diversity continued to benefit our business," says Beam Suntory chief Greg Hughes.  "While we faced some challenges as an industry, particularly in the US, as we look to 2024, we remain focused on our premiumization strategy and further building our credentials in the