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Editor's Note: Below is a brief excerpt from a complimentary research note written by our Consumables analysts Howard Penney and Daniel Biolsi. Check out our Sector Pro Product Consumables Pro. |
The Wine & Spirits Wholesalers of America reported a slowdown in the on-premise channel for wine and spirits in the most recent three months ended June 22.
Spirits had fully recovered to pre-pandemic levels in the on-premise channel in the three months ended May 22 before slowing by 3% points in the next month.
Wine had recovered to 3% points below pre-pandemic levels in the three months ended May 22, but also slowed by 3% points in the most recent month as seen in the chart below.
Volume for wine and spirits continued to grow +5.3% for wine and +9.5% for spirits. The recreation channel has recovered above pre-COVID levels for spirits while the transportation channel was still below.
The on-premise channel is still the strongest channel for wine, despite the sequential slow down.
