|Bid||12.96 x 0|
|Ask||12.97 x 0|
|Day's Range||12.90 - 13.03|
|52 Week Range||8.52 - 13.03|
|Beta (5Y Monthly)||0.68|
|PE Ratio (TTM)||77.17|
|Earnings Date||Oct 26, 2021|
|Forward Dividend & Yield||0.06 (0.46%)|
|Ex-Dividend Date||Apr 19, 2021|
|1y Target Est||6.77|
Campari Group, sixth largest player in the premium spirits industry, is proud to announce the appointment of a new Maestro Tequilero, effective immediately. The new Master Distiller will oversee the entire Casa San Nicolás product line, contributing in the maintenance of the highest quality standards of the present award-winning Mexican spirits, such as Espolón and Cabo Wabo, as well as future innovations in the Arandas plant in Jalisco, Mexico.
Italian drinks group Campari sees plenty of room for growth from its best-selling beverage Aperol and is not worried about the threat from competitors, including a new spritz cocktail launched by LVMH's Moet Hennessy. In an interview with Reuters at the opening of the first flagship bar for Aperol in Venice, Campari Chief Executive Bob Kunze-Concewitz said the group is confident the bright orange aperitif could continue to grow by double digits over the years and attract new customers among beer drinkers. Kunze-Concewitz also said the group's strategy is still to expand through acquisitions and that in the medium to long term the group aims to secure big deals.
BENGALURU/MILAN (Reuters) -Major drinks companies are making deals and reaching joint ventures to boost their offerings of spirits priced at $200-a-bottle and up, the fastest-growing segment in the $1 trillion global market for alcoholic drinks. Louis Vuitton's wines and spirits division Moët Hennessy and rival Campari last month announced an alliance to sell premium beverages online as they jostle for a piece of the $50 billion global high-end spirits market. Pernod Ricard, which makes Martell cognac, over the past two years has invested in a number of "super‐premium" and "ultra‐premium brands," including a "significant investment" in Japan's Kyoto Distillery, the producer of ultra‐premium gin Ki No Bi.