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Corona’s parent is looking for more beer drinkers. Why Budweiser could be the buzzkill.
This year, Constellation Brands Inc., the company that sells Modelo and Corona in the U.S., has seen its beer business suffer, as ICE raids and inflation kept its massive segment of Hispanic consumers ...
The giant brewer of Modelo and Corona said it has suffered a double whammy from the White House as its margins got squeezed by President Trump’s tariffs — and its sales have been slammed by the ...
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Beer demand weakens, Corona and Modelo seller says
Constellation Brands lowered its outlook for its current fiscal year as consumer demand for beer weakened, particularly for high-end beer purchases, amid a "challenging" economic climate.
Constellation Brands on Tuesday reported quarterly earnings and revenue that missed analysts’ estimates as beer demand slid and tariffs on aluminum weighed on its profitability. Still, the brewer ...
New York — The U.S. owner of Modelo Especial and Corona bet big on Latino customers for growth. But that strategy is unraveling under the Trump administration’s mass deportation push. Many Latino ...
The Corona maker said it 'saw continued pronounced weakness amongst the Hispanic consumer cohort specifically' Constellation Brands said weaker construction activity had weighed on beer demand.
Constellation Brands, the US owner of Modelo Especial and Corona, bet big on Latino customers for growth. But that strategy is unraveling under the Trump administration’s mass deportation push. Many ...
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