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Tag Archive: Modelo Especial

Interview, Part One: Constellation Brands Beer Division President Paul Hetterich

Paul Hetterich, a 30-year veteran with Constellation Brands, was named president of the company’s beer division earlier this year. The Chicago-based unit—which imports Corona Extra, Modelo Especial and Negra Modelo from Mexico—is the third-largest beer marketer in the U.S. The division continues to drive strong earnings for the parent company, posting a 20% increase in net sales in the second quarter of fiscal 2017. SND contributing editor Terri Allan met recently with Hetterich to discuss the beer division’s remarkable growth trends. Continue reading →

Posted in News on November 30, 2016

News Briefs for November 11, 2016

•Diageo’s Ketel One is introducing an on-pack virtual reality kit this holiday season. Continue reading →

Posted in News on November 11, 2016

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

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