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During an earnings call on July 1, Constellation Brands CEO Bill Newlands said the company saw a “significant amount of ...
Modelo Especial overtook Bud Light as the best-selling beer in the United States - and it never looked back as the gap has ...
Constellation Brands, which distributes beers including Modelo, Corona and Pacifico, has surfed a wave of spending by Hispanic customers in recent years.
Modelo is the #2 beer brand in the US and has been outselling Bud Light since May. REUTERS. It has been four months of steady declines for Anheuser-Busch’s Bud Light brand.
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.
The maker of Modelo Especial said the discount beer label is seeing “remarkable growth” following Anheuser-Busch’s disastrous tie up with Dylan Mulvaney.
In the same period, Modelo Especial increased 11%, and the brand was able to claim top-selling-beer status for the past two months. Bud Light is down 12% in year-to-date sales, while Modelo is up 8%.
Bud Light has lost its spot as the No.-1 selling U.S. beer.. Bud Light represented 7.3% of U.S. retail-store beer sales in the four weeks ending June 3 compared to 8.4% for Mexican lager Modelo ...
For four weeks ending on June 3, Modelo captured 8.4% of US retail beer sales, with Bud Light falling to second place with 7.3%, according to NIQ data given to consulting firm Bump Williams.
As Beverage Industry reports, 0% beer is predicted to continue growing by double digits this year, so it comes as no surprise that Modelo—which overtook Bud Light as the U.S.’s leading beer in ...