Beam Suntory Inc, the wine, beer and spirits arm of Japanese conglomerate, Suntory Holdings Limited said that its first quarter revenue for 2017 fell flat, recording 0.15% decrease in sales to ¥217bn ($1.93bn).
However, the maker of Courvoisier cognac and Basil Hayden’s bourbon among others noted that its spirits segment posted sales growth in the low single-digits, helped by strong growth in brands such as Jim Beam bourbon, Maker’s Mark whiskey and other Super-Premium bourbon brands.