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Bars, bodegas and brew-lovers could be in for a rude awakening in the coming days as the city is staring down a potential major beer distribution disruption.
Shares of the Corona beer maker fell about 4% in extended trading as it also lowered its medium-term projections for net sales. Sign up here. For the fiscal year 2026, it forecast adjusted profit ...
Grupo Modelo, the producer of Corona and other Mexican beer brands, said Thursday that it would invest more than $3.6 billion in Mexico despite trade tensions with the United States.
Net sales for the Beer segment remained flat Y/Y at $1.70 billion, and Wine and Spirits rose 11% Y/Y to $459.8 million. Shipment volume for Beer fell 1.8% Y/Y, while Wine and Spirits rose 3.5% Y/Y.
(Reuters) - Brewer Constellation Brands (STZ) on Wednesday forecast fiscal 2026 profit below analysts' estimates, expecting steep levies imposed by the Trump administration to hit its beers and ...