Constellation Brands, the US owner of Modelo Especial and Corona, bet big on Latino customers for growth. But that strategy is unraveling under the Trump administration’s mass deportation push. Many ...
COBB COUNTY, Ga. — The owner of two Mexican imported beers said the crackdown on immigration from President Donald Trump’s administration is scaring their Hispanic customers and hurting their sales of ...
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Beer demand weakens, Corona and Modelo seller says
Constellation Brands lowered its outlook for its current fiscal year as consumer demand for beer weakened, particularly for high-end beer purchases, amid a "challenging" economic climate.
Modelo and Corona seller Constellation Brands says Hispanic consumers in the US are buying less beer
Constellation Brands, which owns the Modelo and Corona beers in the U.S., lowered its full-year sales and profit outlook Tuesday, citing falling demand from Hispanic consumers. Constellation President ...
Constellation Brands issues a profit and sales warning, as beer buy rates have decelerated in the last several months Shares of Constellation Brands, parent of Corona and Modelo beer, sank to a ...
Constellation Brands, the U.S. owner of Modelo Especial and Corona, bet big on Latino customers for growth. But that strategy is unraveling under the Trump administration's mass deportation push. Many ...
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