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after the maker of beer, wine, and spirits cut its outlook as consumers held back spending. The company behind brands including Modelo beer and Kim Crawford wine reduced the lower end of its ...
Grupo Modelo SAB de CV (Grupo Modelo) is a Mexico-based company primarily engaged in the production and sale of beer in Mexico and abroad. It markets trough 13 beer brands such as Corona Extra ...
Alcohol companies like Heineken, Constellation Brands, and AB InBev have been preparing for a customer culture shift toward nonalcoholic options.
Constellation Brands, the producer of Modelo and Corona, lost about $450 million in market capitalization as shares for several alcohol makers and distributors dipped on Friday after Surgeon General ...
Modelo Especial became America's top-selling beer in 2023, dethroning the longstanding ... lawsuit and savvy marketing helped the Mexican brand grow in the U.S. Photo: Mario Tama/Getty Images ...
Which we applaud, of course. Big picture, we view their beer brands (Corona, Modelo, Pacifico) as extremely valuable, but let’s first recap the bad news over the past couple of years.
Constellation Brands' beer business continues to gobble up market share in the U.S. after its Modelo Especial took over Bud Light as the top-selling beer last year. Anheuser-Busch InBev reported a ...