Cuervo’s Tequilas & RTDs Report Strong Growth in Q3

Dear Client:Grupo Cuervo reported strong results this morning, with global volumes up 6.8% and net sales up 12.5% on an underlying basis for the third quarter ended September 30, driven by growth across all regions, according to chief Juan Doimingo Beckmann. GLOBAL BRAND PERFORMANCE. Tequilas reported the highest growth rates for the period along with the company's line of ready-to-drink margaritas. Jose Cuervo volumes were up 9.7% globally and sales were up 22%. Other tequilas (1800, Reserve de la Familia, Azul Centenario