US spirits sales decline in January – NABCA [Yahoo! Finance]
Diageo plc (DEO)
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Source: Yahoo! Finance
Total spirits sales value dropped 3.7% in January to $917.3m, while volumes in the month were down 2.1% at 4.3m nine-litre cases, according to figures from the National Alcohol Beverage Control Association. NABCA's data covers 18 control states, including off- and on-premise sales. In the twelve months to the end of January, spirits sales value in the US was down 3.1% at $13.2bn. Spirits volumes dropped 1.6% to 60.3 million nine-litre cases in the period, attributed to "fewer selling days in Michigan, the second-largest spirits control state". Cocktails booked the largest volume growth in January. The measure was up 26.1% to 301,054 nine-litre cases, attributed to canned ready-to-drink products. Cachaça also grew 1.2% in the month but from a much smaller base, to 543 nine-litre cases. In the 12 months to the end of January, the spirit's volumes dropped 5.5% to 8,967 nine-litre cases. Tequila volumes rose 2.1% in the month to 479,555 nine-litre cases. Sales value of the sp
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