Latest news with #Tequila
Yahoo
6 days ago
- Business
- Yahoo
Becle SAB de CV (BCCLF) Q2 2025 Earnings Call Highlights: Navigating Growth Amidst Competitive ...
Release Date: July 24, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points Becle SAB de CV (BCCLF) reported a 2.8% increase in consolidated net sales, reaching 11.5 billion pesos, driven by favorable foreign exchange effects and premiumization strategy. The company achieved a 16.7% growth in EBITDA, with a margin expansion of 270 basis points to 23.4%. Tequila remains a key growth driver, with the total tequila business growing by 0.6% and outperforming the total industry. Mexico posted solid second-quarter results with a 4.8% increase in net sales value, driven by an increase in volume. The company generated 1.7 billion pesos in net cash from operating activities, reflecting strong profits and progress in inventory right-sizing. Negative Points Net sales value in the US and Canada declined by 9.9% due to a 7.1% decrease in shipments, reflecting softness in the RTD category and increased pricing pressures. Depletions decreased by 9.3% in the US and Canada, aligning with shipments as the company optimized inventory levels. The company faced a complex and competitive environment in the US and Canada, characterized by soft consumer demand and heightened pricing pressures. Gross margin expansion was partially offset by unfavorable regional mix, with Mexico outperforming the US and the rest of the world. The company experienced heightened promotional activity in the US, resulting in lower price per case and affecting gross margin. Q & A Highlights Warning! GuruFocus has detected 5 Warning Signs with BCCLF. Q: Can you break down the factors contributing to the gross margin expansion and discuss expectations for the second half of the year? A: The gross margin expansion was driven by lower agave input costs, favorable product mix due to premiumization, and foreign exchange benefits. However, these were partially offset by unfavorable geographic mix and heightened promotional activity. We expect continued solid margin expansion in the second half, similar to Q2, despite some uncertainties. (Respondent: Unidentified_6) Q: How is Becle positioning its brands in the competitive US market, particularly for tequila? A: We are taking strategic promotional actions to remain competitive without repositioning our brand pricing. Our focus is on protecting brand equity for the long term while navigating aggressive pricing in the market. (Respondent: Unidentified_3) Q: Could you provide insights into the regional evolution of gross margins and expectations for the second half? A: Gross margins have improved across regions, with higher NSB per case in the US and the rest of the world compared to Mexico. We expect a return to normal geographic mix and continued FX benefits. Long-term, we anticipate gross and EBITDA margin expansion driven by premiumization and operational efficiencies. (Respondent: Unidentified_6) Q: What impact did the disruption in Canada have on volumes, and how long will the benefits from US distribution agreements last? A: The removal of US-made spirits from Canadian shelves impacted approximately 100,000 cases, mainly in RTDs. Benefits from US distribution agreements, including RNDC's exit from California, are expected to continue for the next couple of quarters. (Respondents: Unidentified_3 and Unidentified_6) Q: How is Becle addressing the challenges in the RTD and NAB categories, and what is the outlook for these segments? A: The RTD market remains competitive and fragmented. We are exploring new formats, sizes, and flavors to align with evolving consumer needs. Despite challenges, RTDs are a fast-growing category and serve as a recruitment tool for our tequila brands. (Respondents: Unidentified_3 and Unidentified_9) For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Hindustan Times
24-07-2025
- Lifestyle
- Hindustan Times
This tipsy tequila fruit salad is the fruity punch your booze hour needs!
Has the diabolical weather got you in a bind, craving a late sleep-in? This boozy fruit salad is calling on you to declare an early weekend! If your body seems to be daydreaming away towards an early weekend but you're holding yourself back from the liquid merrymaking that comes with it, we have a nifty little hack for you to get high on — pun intended. It's boozy, it's fruity, it's a salad (so extra points for feeling 'healthy') and to add to it, it's officially Tequila day today! Tipsy tequila fruit salad Ingredients: Watermelon chunks - 3 cups, pineapple chunks - 3 cups, sliced strawberries - 2 cups, tequila - 1/4 cup, honey - 1/4 cup, zested and juiced limes - 3 Method: Combine watermelon, pineapple, and strawberries in a serving bowl. Whisk tequila, agave nectar, lime zest, and lime juice together in a small bowl until well combined; pour over fruit and toss to coat. (recipe from All Recipes) The flavour profiles on this salad can be varied with a hit of salt or even some chopped up herbs. Basil, mint and even a hint of dill (if you're using salt) work great. Feeling bougie? toss you fruit pieces on the grill for a nice little smoky char before tossing it up with the tequila, lime, honey and herbs for a nice subtle smoky affair. And if you're looking for a pro-tip that does away with weekday obligations of sobriety, down a shot of your favourite tequila with some salt and lime before digging into your bowl of boozy goodness! There's literally no way you can get your happy high wrong. Ready for your mid-week fruity high?
Fast Company
24-07-2025
- Business
- Fast Company
National Tequila Day 2025: Celebrate the beloved liquor with these deals
Tequila, the Mexican hard liquor that's become a bar staple, has its very own holiday to celebrate its crisp, earthy flavors. Today (Thursday, July 24) is National Tequila Day. Let's take a look at the history of the adult beverage so you can wow your co-workers at happy hour. Then we can explore some fun offers to celebrate the day. A shot or two of tequila history A forerunner to the modern hard liquor dates back to the Aztecs (and possibilty even earlier civilizations) in Mexico, as noted by They fermented the sap of the agave plant to create a milky beverage called pulque and worshipped the husband-and-wife god duo behind this act, Mayahuel and Patecatl. The Spanish arrived in Mexico in 1517 and two years later began their conquest to take over. The soldiers missed brandy and began to experiment with mud stills and agave to replace it. Eventually the Marquis of Altamira took things a step further. He opened the first major distillery in the early 1600s in present-day Tequila, Jalisco. The Cuervo family took things commercial in 1758 with their own distillery. The Sauza family followed suit in 1873. It is believed that Don Cenobio Sauza first imported tequila to the United States in 1873. The alcohol was present at the 1893 Chicago World's Fair. The spirit also grew in popularity during Prohibition as it was easily smuggled into the country. The invention of the margarita in the 1940s further strengthened tequila's public relations. In 1974 Mexico declared tequila its intellectual property meaning it had to be made and aged in certain regions of the country. The Tequila Regulatory Council was formed twenty years later in part for quality control. What truly cemented tequila's legacy was when imported tequila shifted from 'mixto,' a combination of a tequila from agave plants and other sugars, to a 100% agave tequila. Bartenders loved using these 'pure' liquids to create even more yummy cocktails. Additionally, these smaller batched craft creations helped elevate the liquor, while the celebrity endorsements didn't hurt either. (We're looking at you, George Clooney and Casamigos.) These days, the United States is tequila's best customer. In 2024, almost 32.2 million 9-liter cases were sold, making it the best year ever for the spirit, according to Statista. How to celebrate National Tequila Day After that lengthy history lesson, you probably worked up a thirst and want to help the 2025 statistics. Below are a few deals to be had for National Tequila Day 2025: Chili's: Restaurant chain Chili's is here to help. It is offering $5 Tequila Trifectas. This cocktail contains three kinds of tequila: El Jimador Blanco, 1800 Reposado, and Jose Cuervo Gold. Chuy's: Your local Chuy's features Grande 'Rita specials and $5 tequila shots. Margaritas Mexican Restaurant: The chain boasts $5 Don Julio Blanco shots and $7 Cadillac Margaritas made with Don Julio Reposado. You can even get a $19.42 Don Julio 1942 Margaritas that comes with a free Don Julio hat while supplies last. Hooters: Participating Hooters locations like the one in Brunswick, New Jersey, have $5 margaritas. Red Robin: If you are looking for something more family friendly, Red Robin always offers $4 margaritas during Happy Hour Monday through Friday from 3-6 pm.
Forbes
23-07-2025
- Business
- Forbes
Honoring The Legacy Of Jose Cuervo On National Tequila Day
A field of Agave tequilana, commonly called blue agave (agave azul) or tequila agave, is an agave ... More plant that is an important economic product of Jalisco, Mexico. In the background is the famous Tequila Volcano or Volcán de Tequila It's almost the weekend! Now, we have another reason to say, 'Cheers' this Thursday. National Tequila Day, also known as International Tequila Day, is observed annually on July 24. It's a fun day for tequila fans to enjoy and appreciate this beloved spirit, known for making some truly delicious cocktails. Or, have a few shots if you prefer. Although it's not an official holiday, it's a fantastic opportunity to celebrate the fascinating history of one of the world's oldest spirits. And, if we're talking about Tequila, we must shout out a name synonymous with tequila, Jose Cuervo, the OGs. Their pioneering spirit and unwavering commitment to quality have earned them a place of reverence in the history of tequila. The Tequila That Invented Tequila Photo Of Jose Cuervo Farmers Harvesting Agave The history of this spirit dates back hundreds of years. In 1758, José Antonio de Cuervo was granted permission by the King of Spain to land in the town of Tequila, Mexico, to harvest blue agave. Almost 40 years later, his son José María Guadalupe de Cuervo was granted the first license to produce and distribute tequila. They have remained a company of constant innovation, decade after decade, including being the first to distill using masonry brick ovens. They were also the first to introduce glass bottles, mechanical mills, and electricity to the tequila-making process. They Invented The Margarita, Too Margarita cocktail with ice, lime and salt rim on a black slate board As the story goes, in 1938, at Tail O' The Cock in Los Angeles, a bartender named Johnny Durlesser found himself smitten with a woman across the room. After three nights of her visiting the bar, Johnny put his bartender skills to the test to impress her. Mixing Cuervo with a few other ingredients, the margarita was born, a testament to the brand's creativity and influence in the world of cocktails. Five Jose Cuervo Tequila Cocktails To Try At Home Discover a variety of recipes on Cuervo's website, many lovingly curated by Jaime Salas, the dedicated Head of Cuervo Legacy & Advocacy. In anticipation of National Tequila Day, we're excited to share five tasty recipes that will make your Thursday night extra special. Transport your taste buds to the tropics with this lusciously smooth take on the classic margarita, capturing the essence of summer in every sip. Cuervo Mango Margarita What You'll Need: 1 1/2 oz Cuervo Tradicional® Reposado 1 oz Lime Juice 1 oz Mango Juice or Puree 1/2 oz Agave Nectar Optional: one pinch Cayenne Powder for Spicy Marg Garnish: Mango/Lime Rim: Salt How To Make It: Run a lime wedge along the outer rim of a rocks glass Dip the moistened rim into a dish of salt, fill it with ice, and set it aside. *Add a pinch of Cayenne Powder to your salt for an optional spicy salt rim Add all of the ingredients to a shaker and fill with ice Shake and strain into a prepared glass Garnish with a lime wheel and a mango slice Prepare to be amazed as your espresso martini meets its match – This sophisticated Carajillo delivers a unique coffee cocktail experience. The smooth tequila and rich espresso combine to bring authentic Mexican café culture to your glass, creating a flavor profile that's sure to intrigue and excite your taste buds. Cuervo Carajillo What You'll Need: 1 1/2 oz Cuervo Tradicional Reposado 1 oz Licor 43 2 oz Freshly Brewed Espresso, cooled How To Make It: Add all ingredients to a cocktail shaker filled with ice and shake well Strain contents into (preferably) chilled martini or coupe glass Garnish with three espresso beans Bold, fruity, and irresistibly fun to share, this punch makes any occasion feel like a celebration. Cuervo Blood Orange Punch What You'll Need: 2 cups Cuervo Tradicional Blanco 4 cups Fresh Blood Orange Juice 1 cup tart cherry juice 1/2 cup Fresh Lime Juice Sparkling Water How To Make It: Add all ingredients except sparkling water to a punch bowl and stir to combine Keep covered and chilled in the refrigerator until ready to serve, if not enjoying immediately Before serving, add ice and top with sparkling water Stir to combine and garnish the punch bowl with floating orange slices Bold and bittersweet, this tequila twist on a whiskey classic brings complexity to your cocktail hour. Cuervo Anejo Boulevardier What You'll Need: 1 oz Cuervo Tradicional Añejo Tequila 1 oz Campari 1 oz Sweet Vermouth or Rose Vermouth How To Make It: In a mixing glass, combine all ingredients with ice and stir for 5-7 seconds Double strain over fresh ice Garnish with an orange slice and savor the flavor Chill out this Margarita Season with a wonderfully refreshing cucumber-infused cocktail. Light, crisp, and delightfully cool, it's the perfect summer poolside companion for enjoying and unwinding. Cuervo Cucumber Cocktail What You'll Need: 2 oz Cuervo Tradicional® Blanco Tequila 3 - 4 Slices of Cucumber 3/4 oz Lime Juice 1/2 oz Agave 1 oz Soda Water How To Make It: In a shaker, add cucumber, lime, and agave and muddle well Add the Cuervo Tradicional Blanco Tequila and ice, and shake for 7-10 seconds Strain into a rocks glass with fresh ice and top off with soda water Garnish with a cucumber wheel in the glass or on the rimSalud!
Yahoo
19-07-2025
- Entertainment
- Yahoo
This Easy Mexican Tequila Cocktail Is "Summer in a Cup" (I'm Not Drinking Anything Else!)
Vibrant and refreshing, Cantaritos are a classic Mexican cocktail made from a mix of tequila and fresh citrus juices (usually lime, orange and grapefruit) that's topped with grapefruit soda and sea salt. While they're often compared to a paloma, Cantaritos stand out for their use of multiple citrus juices and their lively, earthy presentation. The drink is traditionally served in cantaritos, or clay cups, that are oftentimes unglazed to allow the clay to infuse into the drink, which adds a mild, mineral earthy note to complement the tequila and the citrus (I personally believe the clay cups add immense flavor to the drink). The unglazed cups also let the clay remain porous and breathable, which helps keep the drink cool while adding rustic charm. My family is from a small town just 30 minutes from Tequila, Jalisco, Mexico, so I grew up watching them being made in their native state and also here in America, bringing home all their joy and tradition. Cantaritos are often sold at roadside stands throughout the town of Tequila, and you'll find them in plazas (town squares) all over Mexico, especially during las fiestas patrias (independence day celebrations) where they're served as a festive way to celebrate. It's traditional to see both small, individual-sized cantaritos and very large cantaritos that can hold bottles of tequila at a time (those are meant to be shared with friends and family during large gatherings and celebrations). Cantaritos are easy to make, full of bright flavor, and perfect for warm days, backyard gatherings like carne asadas (more than just grilled meats, this is a social event in Mexican culture where family and friends come together to barbecue, celebrate, and enjoy good food), or anytime you want to sip on something that feels like sunshine in a cup. Why You'll Love It It's incredibly refreshing. Cantaritos combine zesty citrus juices, bubbly grapefruit soda, and smooth tequila, making every sip served over ice vibrant and refreshing. So simple to make. Cantaritos is a stir-and-serve kind of cocktail, making it zero fuss and all reward. Key Ingredients in Cantaritos Squirt:The traditional grapefruit soda seen in Jalisco that gives Cantaritos their signature citrusy fizz. Sea salt: Enhances the bright citrus and tequila flavors in this cocktail as well as balances an almost savory edge that makes every sip vibrant and refreshing. Grapefruit juice: Adds a tangy, slightly bitter flavor to the cocktail that enhances the tequila while balancing the sweetness of Squirt. How to Make Cantaritos Combine citrus juices together. Stir lime juice, grapefruit juice, orange juice, silver tequila, and sea salt together in a liquid measuring cup or cocktail shaker until the salt is mostly dissolved. Fill glasses with ice, top with grapefruit soda, and garnish. Fill cantaritos (or Collins glasses) halfway with ice. Divide the cocktail among the glasses. Top each glass with chilled Squirt soda. Garnish with a sprinkle of salt and lime and orange slices if desired. Helpful Swaps While Squirt is traditionally seen in Jalisco, Jarritos or other grapefruit sodas can be used instead. Storage and Make-Ahead Tips The citrus-tequila mixture can be made up to 24 hours ahead of time; just top with ice and Squirt before serving. What to Serve With Cantaritos Mexican Shrimp Cocktail Mexican Street Corn Pambazos (Mexican Chorizo and Potato Sandwiches) Classic Guacamole Aguachile Cantaritos Recipe Bold tequila, fresh citrus juice, and bubbly grapefruit soda are perfect together in this summery cocktail. Prep time 8 minutes Serves 2 Ingredients 3 ounces freshly squeezed lime juice (2 to 3 medium limes) 2 ounces freshly squeezed grapefruit juice (about 1/2 medium grapefruit) 2 ounces freshly squeezed orange juice (about 1 medium orange) 2 ounces silver or blanco tequila 1/4 teaspoon coarse sea salt or kosher salt, plus more for garnish 4 ounces chilled Squirt or Jarritos grapefruit soda, divided Lime and/or orange slices, for garnish (optional) Instructions Stir 3 ounces lime juice, 2 ounces grapefruit juice, 2 ounces orange juice, 2 ounces silver tequila, and 1/4 teaspoon coarse sea salt together in a liquid measuring cup or cocktail shaker until the salt is mostly dissolved. Fill 2 cantaritos or Collins glasses halfway with ice. Divide the cocktail between the glasses. Top each glass with 2 ounces chilled Squirt soda. Garnish with a sprinkle of salt and lime and orange slices if desired. Recipe Notes For a larger batch (6 servings), stir 9 ounces lime juice, 6 ounces grapefruit juice, 6 ounces orange juice, 6 ounces silver tequila, and 1 1/2 teaspoons coarse sea salt together in a medium pitcher until the salt is mostly dissolved. Fill halfway with ice, then top with 12 ounces Squirt. Garnish with more salt, lime, and orange slices if desired. Pour into ice-filled glasses. Further Reading We Used Our New 'Room Plan' Tool to Give This Living Room 3 Distinct Styles — See How, Then Try It Yourself The Design Changemakers to Know in 2025 Create Your Own 3D Room Plan with Our New Tool
