This year, Constellation Brands Inc., the company that sells Modelo and Corona in the U.S., has seen its beer business suffer, as ICE raids and inflation kept its massive segment of Hispanic consumers ...

The giant brewer of Modelo and Corona said it has suffered a double whammy from the White House as its margins got squeezed by President Trump’s tariffs — and its sales have been slammed by the ...

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.

Constellation Brands on Tuesday reported quarterly earnings and revenue that missed analysts’ estimates as beer demand slid and tariffs on aluminum weighed on its profitability. Still, the brewer ...

Grupo Modelo will supply beer to Mexico's World Cup venues, betting traditional and non-alcoholic options will please ...

(Reuters) -Constellation Brands missed first-quarter sales and profit estimates on Tuesday, as fears of rising tariffs and economic uncertainty prompted consumers to reduce purchases of beers and ...

New York — 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 Latino ...

ROCHESTER — Beer production in Minnesota was up 10.8% in 2024, but the signs the industry is in uncertain times are apparent at Rochester’s small craft breweries. LTS Brewing Co. planned months ahead ...