Modelo and Corona parent company says weak wine demand could impact earnings
See what's clicking on FoxBusiness.com. Constellation Brands is experiencing weak demand in its wine and spirits segments, which the alcohol producer recently said will hurt its second-quarter results. The company said Tuesday it expects to take a non-cash goodwill impairment charge of between $1.5 billion and $2.5 billion on its wine and spirits division in […]
Super Bowl Sunday beer sales jumped in 2024, with Corona taking top spot
Claman Countdown analyzes the big game advertising winners. This statistic pertains to beer sales at bars and restaurants during Super Bowl Sunday in 2024, and while sales increased overall, it reveals winners and losers by brand compared to last year. . Click here for the latest report restaurant engagement Union’s platform found that on-premises sales […]
Corona Light, Coors Light gain traction over Bud Light
Former General Manager of Anheuser-Busch, Anson Frericks, discusses Dylan Mulvaney and the brewery’s insane partnership at Cramant Countdown. bud light sale Corona Light and Coors Light continue to rock in the aftermath of the Dylan Mulvaney controversy, new data shows that Corona Light and Coors Light are benefiting from Bud’s decline. In the 12 weeks […]
