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X @Forbes
Forbes· 2025-08-28 01:30
The World’s Best Tequila—According To The 2025 Bartender Spirits Awards https://t.co/4nupReYiFV https://t.co/smWl0Ojdub ...
X @Forbes
Forbes· 2025-08-27 05:30
The World’s Best Tequila—According To The 2025 Bartender Spirits Awards https://t.co/mTCnJgjoAh https://t.co/IZOu4e8FJu ...
X @Forbes
Forbes· 2025-08-26 09:20
The World’s Best Tequila—According To The 2025 Bartender Spirits Awards https://t.co/cr9iiUANmV https://t.co/rOtUD0Uyjz ...
Chilco River Holdings Provides Shareholder Update on Strategic Projects and Progress
Newsfile· 2025-07-14 11:30
Core Insights - Chilco River Holdings, Inc. is making significant progress in its gold recovery joint venture in the Philippines, with an estimated 1.7 million tons of tailings valued at approximately US$115 million, including US$100 million in gold and US$15 million in silver [2] - The acquisition of Excuse Wine & Spirits, Inc. is nearing completion, which will enable the launch of three premium alcohol brands in the bourbon whiskey, tequila, and ready-to-drink cocktail categories [5][6] - The company is developing a national sales and fulfillment infrastructure to support online alcohol sales, which have shown a 17% year-over-year growth, exceeding $9.3 billion in 2024 [9] Gold Recovery Project - The project site is located approximately 200 kilometers southeast of Manila and has historical production data supporting the current estimates [2] - The metallurgical engineering team has ordered new industrial pumps and infrastructure for the carbon-in-leach circuit, essential for gold extraction [3] - A CAT 950 front-end loader is being procured to facilitate onsite excavation and handling of tailings, marking a pivotal step towards full-scale production [4] Alcohol Beverage Acquisition - The acquisition of Excuse Wine & Spirits is in its final stages, with documentation being finalized and expected closure within the next week [5] - The company has conducted rigorous market testing for its new products, receiving overwhelmingly positive feedback from major metropolitan regions [6] - Negotiations are underway with major distributors and retailers to bring the new products to market at scale, with the premium bourbon expected to launch first [7] E-commerce and Market Strategy - Chilco is building a large-scale national sales and fulfillment infrastructure to enable legal online purchases and shipments to over 39 states [8] - The strategic positioning aims to capitalize on the growing online alcohol sales market, maximizing reach, efficiency, and profitability [9] - The company is focused on building a diversified portfolio that leverages high-growth opportunities in both consumer and industrial sectors [10]
X @The Wall Street Journal
Regulatory Compliance - Patrón's previous ad campaign resulted in its tequila being blocked at the Mexican border [1] - The company's new ad campaign aims to navigate strict regulations regarding additive-free claims [1] Marketing Strategy - Patrón's latest marketing effort is described as lighthearted [1]
X @Forbes
Forbes· 2025-07-07 00:30
Industry Recognition - The article highlights the results of the 2025 World Spirits Championships, focusing on Tequila [1] - The article promotes the "World's Best Tequila" according to the 2025 World Spirits Championships [1]
The Besties All-In Tequila: Launch Party Recap
All-In Podcast· 2025-06-28 16:41
[Applause] It's just been so wonderful to actually build this product together. You're going to love to drink this together. It's smooth. It's sweet.The bottle is gorgeous. [Music] [Music] So, let me hand it over to Mr. . David Sax.[Applause] Well, they say that you should pursue your hobbies and I guess drinking is mine. So, [Music] [Music]. ...
NRSInsights' April 2025 Retail Same-Store Sales Report
GlobeNewswire News Room· 2025-05-07 13:15
Core Insights - NRSInsights reported a 4.3% year-over-year increase in same-store sales for April 2025, indicating strong consumer spending resilience [5][11] - The NRS retail network includes approximately 35,600 active terminals across 31,000 independent retailers, primarily serving urban consumers [2][16] Sales Performance - Same-store sales rose 0.6% month-over-month from March 2025, which had a 5.3% increase compared to February 2025 [5] - For the three months ending April 30, 2025, same-store sales increased 2.8% compared to the same period last year [5] - Units sold increased by 2.5% year-over-year but decreased by 0.8% compared to March 2025 [5] - The average price of the top 500 items purchased increased by 2.3% year-over-year, up from 2.1% in March 2025 [6] Transaction Metrics - The number of baskets (transactions) per store increased by 1.3% year-over-year and by 2.7% compared to March 2025 [5] - NRS processed $1.9 billion in sales during April 2025, representing a 17% year-over-year increase across 133 million transactions [16] Market Comparison - Over the past twelve months, NRS's three-month moving average same-store sales outperformed the U.S. Commerce Department's data by an average of 0.5% [9] - In March 2025, the U.S. Commerce Department's three-month rolling average increase exceeded that of NRS by 1.6% [9] Commentary on Trends - The increase in same-store sales was driven by strong performance in both alcoholic and non-alcoholic beverage categories, with tequila and ready-to-drink cocktails showing significant growth [11][12] - Non-alcoholic beverages like soft drinks and energy drinks led sales, while sports drinks saw a slight decline [12] - Candy sales remained flat overall, with chocolate sales increasing [12]
NRSInsights' March 2025 Retail Same-Store Sales Report
Newsfilter· 2025-04-07 13:23
Core Insights - NRSInsights reported a year-over-year increase in same-store sales of 2.3% for March 2025, down from a 3.5% increase in February 2025 [6][12] - The NRS retail network includes approximately 35,200 active terminals across 30,700 independent retailers, primarily serving urban consumers [2][18] Sales Performance - Same-store sales increased by 5.3% compared to February 2025, which had a 6.1% increase from January 2025 [7] - For the three months ending March 31, 2025, same-store sales rose by 2.9% compared to the same period last year [7] - Units sold increased by 2.4% year-over-year, with a 4.9% increase compared to February 2025 [7] - Average prices for the top 500 items purchased rose by 2.1% year-over-year, slightly lower than the 2.3% increase in February 2025 [7] Transaction Metrics - Baskets (transactions) per store increased by 0.2% year-over-year and by 6.2% compared to February 2025 [7] - The NRS network processed $2.0 billion in sales during March 2025, representing a 16% year-over-year increase [18] Category Performance - Strong sales were noted in categories such as Energy Beverages, Soft Drinks, and Modern Oral Smokeless Tobacco, while Chocolates and Gum also showed positive growth [12][13] - Categories with decreased sales included Beer, Whiskey, and Salty Snacks, with notable declines in Tortilla Chips and Potato Chips [14] Comparative Analysis - Over the past twelve months, the NRS network's three-month moving average same-store sales outperformed the U.S. Commerce Department's data by an average of 0.8% [10] - In March, the U.S. Commerce Department's three-month rolling average increase exceeded that of the NRS network by 0.8% [10]
NRSInsights' March 2025 Retail Same-Store Sales Report
GlobeNewswire News Room· 2025-04-07 13:23
Core Insights - NRSInsights reported a year-over-year increase in same-store sales of 2.3% for March 2025, a decrease from the 3.5% increase in February 2025 [6][11] - The NRS retail network includes approximately 35,200 active terminals across 30,700 independent retailers, primarily serving urban consumers [2][17] - The data indicates a general cooling of inflationary pressures, with dollar sales increases being geographically widespread [11] Sales Performance - Same-store sales increased 5.3% compared to February 2025, while units sold increased 2.4% year-over-year [6][7] - For the three months ending March 31, 2025, same-store sales rose 2.9% compared to the same period last year [7][16] - Average prices for the top 500 items purchased increased by 2.1% year-over-year, slightly lower than the 2.3% increase in February 2025 [6][12] Transaction Metrics - Units sold increased by 4.9% compared to February 2025, while baskets (transactions) per store increased by 0.2% year-over-year [7][12] - Baskets per store saw a significant increase of 6.2% compared to the previous month [7][12] Category Performance - Strong sales were noted in categories such as Energy Beverages, Soft Drinks, and Modern Oral Smokeless Tobacco, while Chocolates also performed well [11][12] - Categories experiencing decreased sales included Beer, Whiskey, and various snacks, with notable exceptions like Tequila showing gains [12][13] Comparative Data - Over the past twelve months, the NRS network's three-month moving average same-store sales outpaced the U.S. Commerce Department's data by an average of 0.8% [9] - In March, the U.S. Commerce Department's three-month rolling average increase exceeded that of the NRS network by 0.8% [9] Transaction Volume - In March 2025, NRS' POS terminals processed $2.0 billion in sales, representing a 16% year-over-year increase across 134 million transactions [17]