, the world's largest tequila producer, lost $1.54 billion in market capitalization from a share selloff on Thursday after a stronger peso
The distiller, which makes Jose Cuervo tequila as well as upscale rum, vodka and whiskey brands, was vulnerable to currency changes with three-quarters of 2022 sales made in foreign currencies - mainly U.S. dollars. "While the European outlook remains challenging, we are confident in our ability to maximize our take-up of consumer spending in the fourth quarter," said regional director Gordon Dron.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más: