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Tag Archive: Corona

Competition Heats Up In The Hard Seltzer Category

Boston Beer Company made headlines recently when it announced that it had overshot demand in hard seltzer in the second quarter. Continue reading →

Posted in News on August 12, 2021

News Briefs for April 30, 2021

•The National Alcohol Beverage Control Association (NABCA) has named J. Neal Insley as president and CEO, effective October 2. Continue reading →

Posted in News on April 30, 2021

Constellation Preps Innovations, Says Mexican Operations Are Ongoing

Constellation Brands revealed a number of innovations set to launch in the coming months during an earnings call on Friday, while also offering an update on the COVID-19 crisis and addressing questions over production at its Mexican brewing operations. Continue reading →

Posted in News on April 6, 2020

Constellation’s Full-Year Sales Top $8.3 Billion, But Outlook Uncertain Amid COVID-19 Crisis

Constellation Brands continued to show solid growth in its fiscal year through February, with net sales up 3% to $8.34 billion and operating income rising 4% to $2.7 billion, but the company says results for its current fiscal year are impossible to predict at the moment in light of the COVID-19 outbreak. Continue reading →

Posted in News on April 3, 2020

Constellation’s Beer Division Drives First Quarter Results As Wine and Spirits Sales Ease

Constellation Brands posted a 2% rise in net sales to just under $2.1 billion for the three months ended in May, and operating income for the first quarter was flat at $623 million. Continue reading →

Posted in News on June 28, 2019

News Briefs for April 30, 2019

•Wente Family Estates has been named the U.S. importer for Argentina’s Bodega Cuarto Dominio. Continue reading →

Posted in News on April 30, 2019

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