© Reuters. FILE PHOTO: Bottles of Jose Cuervo Tequila rest on a shelf in Mexico City, Mexico, February 8, 2017. REUTERS/Edgard Garrido
MEXICO CITY (Reuters) – Mexican distiller Becle, parent company of the popular Jose Cuervo tequila brand, on Friday forecast its volumes would grow by a “mid single-digit” in the United States and Canada this year, as it sells more spirits across North America.
The firm, which a day earlier reported a 12% decline in fourth-quarter net profit, also said that glass shortages it had reported earlier in the year appeared to be easing and that it was broadening its supplier base.