Constellation Brands, the powerhouse behind Modelo and Corona, is sounding the alarm over a notable slump in beer sales, and it’s pointing to mounting fears within the Hispanic community as […] The ...

Since the tariff announcement in April, the price of a six-pack of bottled lite domestic beer from Miller Lite and Coors Light has grown by more than 13% each ...

The total cost of a typical grocery trip for a cookout has increased at a 12.7% annualized rate since President Donald ...

Modelo Especial overtook Bud Light as the best-selling beer in the United States - and it never looked back as the gap has ...

If the entire cost of the tariff is passed on to consumers, then a six-pack of Modelo would rise from around $11 to $13.75, USA Today reported. Constellation Brands, which also owns Corona beer ...

Steinman said tracked retail data showed Modelo Especial, a Mexican lager, is significantly ahead of Bud Light and Michelob Ultra at this point, and it's growing at a faster rate.

Revenue rose 1.4% from a year ago to $2.47 billion, short of estimates. Beer sales were up 4% to $1.97 billion, led by an approximately 12% increase in sales of Modelo Especial.

Constellation Brands' Modelo Especial became the top-selling beer in the U.S. last year, overtaking Bud Light, which is brewed by Anheuser-Busch. (Mario Tama/Getty Images / Getty Images) ...

"The Modelo Especial brand is the largest brand in the beer division, that grew depletions — which is a measure of volumes — about 12%. Overall, the beer segment grew 8.2% depletions, which ...