Premium Tequilas, RTDs Drive Cuervo’s Double-Digit Growth in 2020

Dear Client:   Grupo Cuervo ended 2020 with total net sales up 19.4% and volumes up 7%, driven by its premium tequila brands and RTDs.   The Jose Cuervo brand family grew net sales by 19.4% and volumes were flattish at 0.4% globally for the fiscal year. The company's other tequilas (1800, Azul Centenario and Maestro Double) were up 21.2% in net sales and up 3% in volumes for the year.  Other spirits (Bushmills, Three Olives, Kraken, Tincup etc.) grew net