Corona beer owner flags a startling shift in consumer behavior

Constellation Brands reveals a major trend that is hurting its pockets.

Jan 12, 2025 - 06:30
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Corona beer owner flags a startling shift in consumer behavior

Constellation Manufacturers (STZ.B) , which owns stylish beer manufacturers reminiscent of Corona and Modelo, has suitable shared a grim outlook on its future sales as the firm not too lengthy ago seen a gripping commerce in client habits.

In its most trendy earnings epic, the firm stated that whereas catch sales for its beer manufacturers increased by 3% twelve months-over-twelve months throughout the third-quarter of fiscal twelve months 2025, its wine and spirits catch sales declined by 14% twelve months-over-twelve months.

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