Constellation Brands, the maker of Modelo, warns that while new tariffs on imported beer cans will raise costs, it is President Trump’s immigration crackdown that is already driving down sales by ...
Constellation Brands' stock dropped as nearly all of its beer sales would be impacted by the president-elect's plan to impose tariffs on imports from Mexico Shares of Constellation Brands Inc. took a ...
The United States loves its beer. We rank second in the world in terms of consumption, trailing only China when it comes to total volume. However, Americans drink twice as much as the average Chinese ...
Anheuser-Busch's Michelob Ultra claims the number one beer spot in America, ending Constellation Brands' Modelo Especial reign that began in June 2023.
Beer and liquor may be recession-proof, but they're certainly not tariff-proof. If President-elect Donald Trump follows through with proposals to impose a 25% tariff on all items from Canada and ...
Constellation Brands, which owns the Modelo and Corona beers in the U.S., lowered its full-year sales and profit outlook Tuesday, citing falling demand among Hispanic customers in particular.
Bud Light lost its top spot in the U.S. beer market last month, as the brand’s sales sag following a conservative uproar over its partnership with transgender social media influencer Dylan Mulvaney.
Michelob Ultra notched a major milestone, surpassing all its rivals to become the top-selling beer in America, according to recent data. Executives credited its rise to the top, which included ...
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