Constellation Brands has now revealed the Q2 trends that drove the company to lower its full-year guidance last month, and the numbers stand in stark contrast to a year ago.
Constellation Brands’ sales and volume declines accelerated in the company’s second quarter, according to its fiscal year 2026 Q2 earnings report. The company’s beer division – which imports Modelo, Corona, Pacifico and Victoria from Mexico – posted the following declines: Shipments (sales to wholesalers), -8.5% (-3.3% in Q1); Depletions (sales to retailers), -2.7% (-2.5% in… Read more »
Two Texas locations of Voodoo Brewery, a mostly franchise-owned brewpub chain, closed last week, bringing the chain’s number of shuttered locations to five in 2025.
A key c-suite executive is departing Molson Coors as new president and CEO Rahul Goyal realigns the company’s leadership team and organizational structure, unwinding its Americas Commercial Organization.
California drinks manufacturer Manna Beverages has shuttered operations and terminated all employees across two production sites, citing underperformance and mounting debts.
Well, it’s about time Gen X gets the respect we deserve around here! According to consumer insights firm NUMERATOR – we’ve overtaken the Boomers in spending power!
There continues to be “little movement” in wholesalers’ (lack of) optimism for the beer category, according to the September Beer Purchasers’ Index (BPI) from the National Beer Wholesalers Association (NBWA).
Check out these news items initially reported in the Brewbound Insider Newsletter October 1-3, including updates from the Brewers Association, Maine Brewers Guild, Constellation Brands and more.
Check out openings and closings news from Dangerous Man, Nebraska Brewing and Funkwerks, all initially reported in the Brewbound Insider Newsletter October 1-3.
Summit Beverage has struck a deal to acquire George’s Distributing, giving Summit statewide presence in Montana, the companies announced today.
Gen X consumers, born between 1965 and 1981, now account for the largest percentage of consumer packaged goods (CPG), general merchandise and quick-service restaurant (QSR) sales, usurping Boomers for the first time, according to a new report from consumer insights firm Numerator.
The court-appointed receiver for Uncle Nearest Premium Whiskey says the embattled whiskey company still holds “significant value,” but will need to clarify incomplete financial records and its capitalization table, and shed non-core assets before evaluating future offers for investment.
How does an ready-to-drink (RTD) brand that was built on the beach translate to other seasons? Surfside, Stateside Vodka’s hard iced tea and lemonade canned cocktail brand, is betting big on sports this fall.
As thousands of beers – and eventually, people to drink them – make their way to Denver for the Great American Beer Festival (GABF), it feels apt to check in with the craft scene on the ground. In a year where once-thriving brewpub chains and decades-old craft stalwarts have or are preparing to go under, what’s the state of things in one of craft’s most important cities on the eve of one of its most important weeks?
