CBA Q3 Depletions Down 2% Again, Kona up 9% (Again)
CBA Q3 depletions were exactly in line with Q2 trends: Overall depletions were down 2%, while Kona's depletion trends were just shy of double-digit growth, up 9%. YTD overall depletion trends are down 1%. Shipments were "relatively flat" in the quarter, but down 3% YTD.
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