CUERVO: Tequila led resilient spirits growth, but FY25 net sales fell 14% YoY amid market headwinds

About this update from Becle, S.a.b. De C.v.

Spirits, especially tequila, outperformed other categories, but FY25 saw a 14% YoY net sales decline due to volume and FX headwinds. Gross margin expanded, and EBITDA grew 23.7% YoY, with 2026 guidance indicating a low single-digit sales decline. Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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