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Price Increases Negatively Impact Cuervo's Q1

FILED APRIL 28, 2017 Cuervo's volume and net sales in the US and Canada took a dive in Q1, according to the company's first public financial results out late last night. In its release Cuervo indicates the 3.5% sales decline and 17% volume decline in the region for the quarter ended March 31 was a result of price increases initiated on January 1, which led to higher volume shipments during the fourth quarter of F2016.
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Michael David Moves into North Coast via Acquisition

FILED APRIL 27, 2017 Silver Oak Cellars has sold its Geyserville property to Lodi-based Michael David Winery, owner of 7 Deadly Sins, Freakshow and Petite Petit. The acquisition, which includes the winery, tasting room and vineyards, marks Michael David's first entrance into the North Coast wine region.
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