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 ...
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 ...
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 ...
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.
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 ...
Constellation Brands, known for its beer brands Modelo and Pacifico, is poised for long-term market share gains, according to the firm. The company anticipates increased shelf space during the ...