Previous Close | 2.2300 |
Open | 2.0100 |
Bid | 0.0000 x 0 |
Ask | 0.0000 x 0 |
Day's Range | 2.0100 - 2.3500 |
52 Week Range | 1.8600 - 2.7000 |
Volume | |
Avg. Volume | 42,846 |
Market Cap | 8.116B |
Beta (5Y Monthly) | 0.68 |
PE Ratio (TTM) | 28.25 |
EPS (TTM) | 0.0800 |
Earnings Date | N/A |
Forward Dividend & Yield | 0.04 (1.89%) |
Ex-Dividend Date | Aug 02, 2022 |
1y Target Est | N/A |
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MEXICO CITY (Reuters) -Mexican distiller Becle, parent company of the Jose Cuervo tequila brand, expects to raise prices in 2022 as both demand and costs rise, Chief Executive Officer Juan Domingo Beckmann said in a call with investors on Friday. "Looking into 2022, we will be seeking to mitigate the cost pressures for the global supply chain situation by way of increasing price across our markets and our portfolio," said Beckmann, whose family owns the company. The distiller will invest around $250 million in capital expenditures and more advertising in 2022, Chief Financial Officer Fernando Suarez said.
Mexican distiller Becle , parent company of the Jose Cuervo tequila brand, expects to raise prices in 2022 as both demand and costs rise, Chief Executive Officer Juan Domingo Beckmann said in a call with investors on Friday. "Looking into 2022, we will be seeking to mitigate the cost pressures for the global supply chain situation by way of increasing price across our markets and our portfolio," said Beckmann, whose family owns the company. The distiller will invest around $250 million in capital expenditures and more advertising in 2022, Chief Financial Officer Fernando Suarez said.