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Constellation Brands on Tuesday reported quarterly earnings and revenue that missed analysts’ estimates as beer demand slid ...
1hon MSN
Maker of top-selling Modelo and Corona beers says sales are struggling over ICE deportation fears - The company’s beer sales ...
The brewer, which owns Modelo, Corona and Pacifico, says that roughly half of its beer sales come from Latinos in the U.S.
Constellation Brands brews most of its beer in Mexico and sells it in the US. It has been compliant with the US-Mexico-Canada ...
Modelo had an 8.34% share of dollars spent on beer compared to 8.28% for Bud Light through Aug. 12, NIQ reported — the first time the brand has beaten Bud Light on a year-to-date basis. 3 ...
Overall the beer segment grew 8.2% depletions, which was above what the consensus was expecting, and the buy side around, 6%. Again, driven mainly by Modelo Especial, but also strong results in ...
Cans of Modelo Especial beer are shown at a supermarket in New York on Wednesday, June 14, 2023. After more than two decades as America’s best-selling beer, Bud Light slipped into second place.
Constellation Brands CEO Bill Newlands said that Modelo Especial beating Bud Light in sales dollars to become America's top-selling beer came “a little sooner" than expected.
In 2023, Modelo Especial became the top-selling beer in the U.S., overtaking decades of domestic dominance. But this wasn’t about flavor. It wasn’t about price.
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