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Campari Quarterly Profits Down

Gruppo Campari, reported this week that first-quarter profits fell by 47.4 percent, to about $28.3 million, with sales dropping 8.4 percent to about $394.3 million.

19/05/2014

Gruppo Campari, the Italian parent of Kentucky-based Wild Turkey bourbon, reported this week that first-quarter profits fell by 47.4 percent, to about $28.3 million, with sales dropping 8.4 percent to about $394.3 million.

CEO Bob Kunze-Concewitz blamed the slump on weak sales in March after two strong months.

Read more here: http://www.kentucky.com/2014/05/15/3243806/campari-parent-of-wild-turkey.html#storylink=cpy 

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