Corona’s owner says beer sales have slowed because one major customer . . . Corona’s parent company said its sales have fallen, in part because Hispanic customers aren’t buying as much beer New York-based Constellation Brands posted its first quarter earnings on Tuesday, reporting $2 23 billion in beer sales in the quarter — a 2% decline from the year before
Corona beer owner flags a startling shift in consumer behavior Constellation Brands (STZ B) , which owns popular beer brands such as Corona and Modelo, has just shared a grim outlook on its future sales as the company recently noticed a sharp change in
Constellation Brands Cuts Annual Forecasts as Beer Demand Weakens (Reuters) -Constellation Brands cut its annual sales and profit forecasts after weak consumer spending on its Modelo Oro and Corona Light beers pulled third-quarter results below estimates, taking
Coronas owner says beer sales have slowed because one major customer . . . Corona's parent company said beer sales have declined because Hispanic customers are not leaving their homes as often Tim Boyle Getty ImagesCorona's parent company said beer sales have dipped because Hispanic customers are cutting back Constellation Brands said its top sales states, with large Hispanic populations, saw subdued spending