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Corona beer maker Constellation Brands cuts annual sales forecast
Corona and Modelo owner Constellation Brands cut its annual sales forecast on Friday as persistently sticky inflation dents consumer spending on beers, wines and spirits.
Beer Maker Constellation Brands' Q3 Sales Hit By Subdued Spending; Stock Slides
Constellation Brands Inc (NYSE:STZ) shares are trading lower after the company reported nearly flat third-quarter sales of $2.46 billion, missing the analyst consensus estimate of $2.53 billion. Net sales for the Beer segment increased 3% Y/Y to $2.
Constellation Brands’ stock slides as CEO cites ‘uncertainty’ about consumer spending
The parent of the Modelo and Corona beer brands lowered its 2025 outlook, despite third-quarter profit growth.
Constellation Brands CEO says continued to face ‘subdued spend’ in Q3
CEO Bill Newlands said, “While we continue to face the subdues spend and value seeking behaviors that emerged among legal drinking age
Constellation Brands adds market share in the U.S. amid 'overall subdued' spending backdrop
Constellation Brands (STZ) reports lower-than-expected earnings, citing subdued consumer spending. Beer sales up, wine and spirits down.
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30m
AB InBev Set to Brew Pabst Beer: What Does it Mean for BUD Stock?
Anheuser-Busch InBev BUD, aka AB InBev, is ready to brew Pabst Beer, as it inks a brewing contract with Pabst Brewing Company ...
19h
on MSN
Nonalcoholic beer boom: Actor Tom Holland’s new beverage debuts at Target
Target is debuting Hollywood star Tom Holland’s new non-alcoholic beer as shoppers double down on alcohol-free options during ...
2d
For Him, the Beer in Your Hand Is the End of the Story
Writing about beer and brewing, Joshua M. Bernstein said he looks for “seismic shifts that people may have noticed ...
1d
on MSN
Tom Holland on Creating a Non-Alcoholic Beer Brand: 'I Was Craving a Product That Helped Me Feel Included'
Tom Holland designed his beer company with himself in mind. The Spider-Man star, 28, stopped drinking in January 2022 and ...
2d
on MSN
Maryland lawmakers clash over lifting ban on beer and wine sales in grocery stores
The push to lift Maryland’s alcolhol ban in grocery stores isn’t going down smoothly for some lawmakers. Despite Governor Wes ...
gearpatrol
7h
A Legendary Craft Beer Just Got a Low-Calorie Sibling
Light IPA is the first new Dogfish Head beer to join 60 Minute IPA, 90 Minute IPA and 120 Minute IPA since 2011.
8h
on MSN
Want unlimited bloody marys, craft beer? Check out this St. Cloud event on Saturday
Sip, savor and celebrate! Unlimited bloody marys and craft beer are on tap in St. Cloud this weekend. Here's what you need to ...
3d
on MSN
Popular Japanese actor fired from low-alcohol beer ad after getting drunk and breaking into neighbor's home
Ryo Yoshizawa — who one fashion magazine said has "national treasure-class handsomeness" — is one of Japan's most popular ...
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