Just like the Kansas City Chiefs, draft beer also took an L in Super Bowl LIX. Draft beer volume declined -4.6% nationwide on Super Bowl Sunday, according to on-premise insights firm BeerBoard.
Constellation Brands and Molson Coors are expected to annex more shelf and cooler space in convenience stores following the upcoming spring 2024 resets, according to Goldman Sachs Equity Research’s recent Beverage Bytes survey.
It may be time for beer to finally address its pricing issues. That was one of the main takeaways from Day 1 of the Beer, Wine and Spirits Summit Sunday, hosted by Beer Business Daily and Wine & Spirits Business Daily in Coronado, California.
Off-premise beverage-alcohol sales recorded a third consecutive year-over-year (YoY) increase during the week ending January 11, according to market research firm Circana’s most recent weekly scan data report.
Monday Night Brewing (MNB) co-founder and CEO Jeff Heck has stepped down from his c-suite role, passing the baton to fellow co-founder Joel Iverson, he announced on LinkedIn this week.
Import beer’s unstable 2025 came to a positive end for some top brands this December, according to the latest report from market research firm NIQ.
After a rocky first half, Constellation Brands leadership is “cautiously optimistic” the company’s bev-alc portfolio declines have hit a “plateau.” The company’s beer division (Modelo, Corona, Pacifico and Victoria) recorded improved metrics in Constellation’s third quarter, which ended November 30.
Constellation Brands recorded declines across the board in the third quarter of its 2026 fiscal year, according to the company’s earnings report. Across Constellation’s total beer, wine and spirits portfolio, net sales declined 10%, to a reported $2.223 billion, in the three-month period ending November 30.
Dollar sales growth from several key decades-old brands buoyed the beer category in 2025, according to the latest monthly report from Bump Williams Consulting (BWC).
The owners of Cricket Hill (Fairfield, New Jersey) have listed the brewery for sale as they prepare to retire. At 24 years old, Cricket Hill is one of the Garden State’s oldest craft breweries. Ballast Point (San Diego, California) plans to lay off 37 employees effective December 15, according to a pair of Worker Adjustment and Retraining Notification (WARN) Act notices in California filed on October 8.
If the beer industry had a dollar for every time someone said “we’re controlling what we can control,” the category would possibly be in the black this year.
Constellation Brands’ recent volume woes are only temporary, beer division president and EVP Jim Sabia assured distributors this week during the National Beer Wholesalers Association’s (NBWA) Annual Convention in Las Vegas.
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 »
As Constellation Brands navigates uncharted stormy waters, the company’s leadership remains focused on “controlling the controllables,” CEO Bill Newlands said Tuesday.
Two months after reporting a down Q1, Constellation Brands downgraded its guidance for fiscal year 2026, according to a press release issued today.
