Cheers: Virginia ABC stores ring-up record profits in 2018
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The chief executive officer of Virginia’s Alcoholic Beverage Control says people consuming more mixed drinks is not the reason for another record year in sales that topped over $1 billion.
Travis Hill said that consumers are making more purchases of premium liquors that have a higher price tag. The record profits resulted in $499 million in tax revenue being returned to the state, according to the report.
The top sellers included Tito’s Handmade vodka, Hennessy, Jack Daniels, Jim Bean and Fireball Cinnamon.
(Upsplash)