Constellation Brands, the U.S. importer of Modelo and Corona beer, is blaming more than tariffs for slowing beer sales—it’s pointing to immigration fears as well. Modelo, which overtook Bud Light last ...
Add Yahoo as a preferred source to see more of our stories on Google. In June 2023 Modelo Especial overtook Bud Light as the best-selling beer in the United States - and it never looked back as the ...
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Modelo Especial soared to be the #1 beer in America. Then came Trump’s immigration crackdowns
In April 2024, Salvador Gutierrez got a big surprise. The Oxnard, California-based food vendor, who made his living selling sweet drinks called Agua Frescas, received a new customized street cart and ...
Michelob Ultra is now the top-selling beer in the U.S., beating out Modelo Especial. Two years ago, Modelo unseated Bud Light after the Anheuser-Busch beer held the top spot for more than two decades.
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 ...
Constellation Brands missed Wall Street's estimates for its quarterly earnings and revenue, as it saw lower demand and paid more in aluminum tariffs. The brewer reiterated its outlook for fiscal 2026.
Shares of Constellation Brands Inc. were dropping in early Tuesday trading toward the lowest levels seen since the height of the COVID-19 pandemic, as the beer maker issued a profit and sales warning, ...
Michelob Ultra has officially taken the crown as the nation’s best-selling beer – dethroning Modelo Especial. It claimed the top spot as the best-selling beer during the 52 weeks ended Sept. 14, its ...
Constellation Brands, the maker of Modelo, warns that while new tariffs on imported beer cans will raise costs, it is President Trump’s immigration crackdown that is already driving down sales by ...
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