Tag Archive: Meiomi
Above-$15 Brands Driving Domestic Wine Category
After growing by 6 million cases and $2.2 billion in retail value from 2017-2021, the above-$10 domestic wine category in the U.S. was flat in volume terms at 61.6 million cases last year, according to Impact Databank. Continue reading →
Posted in News on August 29, 2023Impact Databank: Wine Market To Rise Slightly By Value This Year
American wine consumption is expected to lose volume in 2023 for the third straight year, while achieving a slight rise in value, as uncertain economic conditions and fierce competition from other drinks continue to put pressure on the industry, according to the 2023 edition of The U.S. Wine Market: Shanken’s Impact Databank Review & Forecast. Continue reading →
Posted in News on July 27, 2023Constellation Brands Up 6% In Q1, As Beer Drives Gains
Constellation Brands has posted sales up 6% to $2.5 billion for its fiscal first quarter ended in May, lifted by solid gains across its beer portfolio. Continue reading →
Posted in News on June 30, 2023Constellation’s Full-Year Sales Reach $9.45 Billion On 7% Growth
Constellation Brands has posted sales up 7% to $9.45 billion for its fiscal year ended in February, with operating income rising 3% to $3 billion on a comparable basis. Continue reading →
Posted in News on April 6, 2023Constellation’s Sales Rise 5%, Led By Beer, Premium Wine And Spirits
Constellation Brands has posted sales up 5% on a comparable basis to $2.4 billion for its fiscal third quarter ended in November, propelled by its beer portfolio as well as its premium wine and spirits stable. Continue reading →
Posted in News on January 5, 2023Impact Databank: $15 And Over Wine Brands Resilient As Overall Market Declines
Faced with recessionary pressures and tough competition from upscale spirits and the continued proliferation of RTDs, the overall wine industry in the U.S. is estimated to have declined again by volume terms in 2022, according to Impact Databank. Continue reading →
Posted in News on January 4, 2023
