Big Distributors Take on OND, Tariff Prep, and Inventory Issues

Dear Client: With Q1 wrapped up, we pinged the country's large wine and spirits distributors to see how 2024 ended for them and how the current environment in 2025 is treating them so far.  BUT FIRST, WHAT ABOUT OND? It's been a minute since we've checked in with the big guys, so we wondered first how the OND selling season wrapped up for them.  In line with larger industry trends for OND, Southern Glazer's noted that the period "wrapped up