Exclusive news and research on the wine, spirits and beer business

Tag Archive: Corona

News Briefs for November 10, 2016

•Some of the drinks industry’s top companies have addressed their expectations for business conditions in the wake of the tumultuous U.S. presidential election. Continue reading →

Posted in News on November 10, 2016

“Better Beer” Cools Down In 2016, As Craft, Imports See Growth Slow In First Half

As the July 4th weekend kicks off, the beer business is facing an uphill climb. While the category’s mainstream brands continue to slide, the “better beer” segment has also cooled a bit in 2016. Continue reading →

Posted in News on July 1, 2016

Constellation’s Sales Up 9%, With Strong Growth Expected To Continue

Constellation Brands achieved strong sales and profit growth in its recently-completed fiscal year, and expects more of the same in the year ahead. Continue reading →

Posted in News on April 6, 2016

Constellation Sales Up 6% In Third Quarter, Driven By Strong Beer Growth And Meiomi

Constellation Brands has reported a 6% net sales rise, to $1.64 billion, for its fiscal third quarter ended in November, as the group’s net income also rose, up 22% to $271 million on the same period last year. Continue reading →

Posted in News on January 7, 2016

Constellation To Acquire Booming Ballast Point For $1 Billion

Constellation Brands has agreed to acquire fast-growing craft brewer Ballast Point for approximately $1 billion. Continue reading →

Posted in News on November 16, 2015

News Briefs for October 30, 2015

•Anheuser-Busch InBev’s U.S. depletions declined by 2.1% in the third quarter, as the beer giant’s biggest brand—Bud Light—continued to struggle, as did the Rita’s RTD range and ABI’s value portfolio. Continue reading →

Posted in News on October 30, 2015

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