Data: Margarita Reigns; Cocktail Velocity Up 5%

America’s number one cocktail is… still number one. The margarita retained a fifth of all cocktail sales on-premise in the last quarter of 2023, followed in popularity by the martini and Moscow mule, according to new data released by CGA from NIQ.

NielsenIQ: BevAlc Sales Growth ‘Broadly’ Decelerates

Total BevAlc sales growth decelerated modestly in the two-week period ended February 24, reflecting accelerated volume declines and slightly stronger average pricing growth, according to Goldman Sachs Equity Research’s latest analysis of NielsenIQ data.

Campari Sales Up 8%; Optimistic for 2024

Campari announced today a +8.2% rise in net sales on a reported basis to $3.1 billion (€2.9 billion) in FY 2023 with a strong end to the year in Q4, driven by aperitifs, tequila and bourbon.