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All right welcome back everybody thank you Charlie there was a brand new stock that went public after spinning off from fortune Branson went public Tuesday it has been -- as in Jim -- we're joined now by Matthew -- -- of course is the CEO.
What a week it's been the stock is up double digit percentage since He went public and congratulations on that.
It's a big time you experience -- -- Steve often was just standing here before He said thank you should do well because when people are having a tough time the drink a lot more when they're miserable.
That's -- -- just a popular misconception they can different in fact in difficult times they will have to little more -- on the debt and bonds and cafes.
Some people might drop the price point some people might go up a price point because they area.
-- an affordable luxury when they're enjoying their favorite -- choice but there are luxury brands here with the new -- core plus hand you've got up maker's mark needless to say Canadian club but.
And of course the Jim -- brands but.
Your best seller and -- -- selling right now.
Well our biggest selling is the name on the door and that's Jim beam.
One of our fastest growing rounds of the moment is one of our recent acquisitions that's gonna go which -- to go over and April is going from strength strength Bethany.
It's quite skinny we've met her in Paris -- -- -- -- a great brand.
Again we'll get to skinny girl in a minute because that was a gutsy move to jump in quickly and -- that up because it's a growing kind of getting very popular among the email sent Graham but.
What does this week been like spinning off from fortune going public about BE AM by the way is the ticker symbol and and as as now the CEO this publicly traded company you -- -- from separate out what you need to do to make this thing fly.
Well we've already got to keep doing what we've been doing was sustain armaments and in the marketplace.
British continue to grow ahead of the market and then to make sure that we girl profits ahead of -- -- that someone tell us we've told our investors and outside commitments.
-- seven billion dollar market cap company no small change but.
We talk to analysts all the time and they say -- perfect candidate for possible takeover target what say you to that because suddenly if maybe you're being -- by the DI CEOs of the world -- yesterday with Constellation Brands CEO Rob Sands but.
How do you remain independent or would you look at opportunities.
Meantime he's only been public for four minutes but -- -- Well speculation as a way of life this industry and I think if I had a dollar for every room -- so that didn't come true but.
Or be retired by now it's an extra an interest worry focused on growing up this if you think there's a huge opportunity -- business I think we've got a very unique position in the month had to.
Combination of scale with the Tennessee with the world's number full pledged great positions in markets like urban.
Markets around the world like -- the US -- number two.
We're also want to go where it would move quickly seize opportunities and you have to you have to become bigger -- -- to avoid being vulnerable to take up absolutely and I think the opportunity we have to grow organically office prior to can be -- -- by very strong balance -- We have the bandwidth to look at incremental sustainable in value running acquisitions -- -- but it was well.
Where's the next big frontier people constantly talking about Asia -- the Chinese have a great.
Taste I guess the -- for work for what's EA or what are they like to drink out there because we were just reading.
That that the Chinese -- buyers had bought the Rothschild in out the vintage for thousands and thousands of dollars they're ready for this type.
This and a lot of growth in China that drinking bottle of cognac and also -- -- problems -- and indeed -- him being a very exciting market -- them as India.
India has a huge market of -- -- formed like that which is a local surrogate for the real thing we have the teachers brand which is the leaving stops and in the units growing at a very fast rate very excited.
Okay back to skinny girl.
So where -- the real opportunities there continued growth that.
And and does she play a role -- Bethany Frankel still continue to play them.
The brand is a very exciting brand and -- is a great columnist who continue to work with us -- -- -- dynamic way this has been already.
We will go from strength to strength we think it's a platform which to innovate the idea who -- -- -- -- audience spends in a that's not all natural people out of good about that I'd be that.
Not doing my job if I didn't ask you about that certainly.
The issue was -- states.
Put out there is all natural yet there are traces of sodium Pennsylvania are you re changing and at the labels or anything like that or does it really make an impact.
We -- about Britain entitlement business it's an idea but -- approved ingredient.
And actually -- movies but the whole line into a new packaging as we -- some new innovations through up and coming.
We're watching very closely thank you so much for joining us and again public for just four minutes while four days theme is the company that the thank you very thank you for joining us good luck thank you.
Good -- it's it's the shark check out there are you know.
Stock of public thank you for coming up Fox Business -- wanted to see how the stock was doing wait a couple of days that it is certainly up -- we're watching that one for.
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