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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 ...
Pabst is releasing Pabst Light, the first new light beer in over 40 years. Miller Lite was released in 1975, followed by Coors Light in 1978 and Budweiser Light in 1982.
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) ...