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

Tag Archive: Modelo

Constellation Sees Beer Business Drive First-Quarter Growth

Constellation Brands saw sales grow 6% to $2.7 billion in its fiscal first quarter ended in May, led by continuing strong gains for its Mexican beer portfolio, partially offset by a decline on the wine and spirits side. Continue reading →

Posted in News on July 3, 2024

Impact’s “Hot Brand” Beers Show The Way Forward

More than 30 beer and flavored malt beverage (FMB) brands defied industry trends in 2023 and turned in impressive—even dramatic—volume gains, at a time when the overall category saw declining sales amid heightened competition. Continue reading →

Posted in News on July 2, 2024

Constellation’s Sales Near $10B Despite Wine & Spirits Decline

Constellation Brands reported net sales up 5% on a comparable basis to $9.96 billion for its fiscal year 2024, ended in February. Continue reading →

Posted in News on April 11, 2024

Constellation Downgrades Outlook For Wine & Spirits, Division President To Depart

In case you missed last night’s news alert, Constellation’s president for wine and spirits Robert Hanson will step down at the end of February, with company CEO Bill Newlands set to lead the unit on an interim basis until a permanent successor is found. Continue reading →

Posted in News on January 5, 2024

Constellation 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, 2023

Constellation’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, 2023

← Older postsNewer posts →