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.
Constellation Brands’ portfolio of popular Mexican imports will soon have different representation in the Denver area. The bev-alc giant informed Denver, Colorado-based Coors Distributing Company (CDC), a wholly owned subsidiary of Molson Coors, that it would be terminating their relationship in the next 30 days.
Check out news items initially reported in the Brewbound Insider Newsletter August 20-21, including headlines from the Brewers Association, Constellation Brands, Sierra Nevada and more.
The largest beer companies in the U.S. continue to shift their attention toward their growing spirits-based offerings. And it’s tough to blame them, given beer’s performance so far this year.
After a rocky end to Q1, things are looking up for Constellation Brands in Q2, CEO Nicholas Fink shared during his first earnings call with investors Wednesday morning.
Constellation Brands had a stronger start to its fiscal year 2027 (FY27) than the prior year, recording beer division growth in Q1, according to financial details released today.
Check out news items that were initially reported in the Brewbound Insider Newsletter April 27-29, including headlines from RNDC, the Odom Corporation and Constellation Brands.
After more than a year, Constellation Brands has filled its chief sales officer role. The Mexican beer importer announced today the appointment of Jack Edwards as CSO of its beer division, effective May 18.
Constellation Brands’ beer portfolio ended its fiscal year 2026 (FY26) with depletions growth in Q4 after three consecutive quarters of year-over-year (YoY) losses. That momentum and the energy of its incoming CEO have the company optimistic for growth trends moving into FY27 – cautiously optimistic.
Constellation Brands’ beer portfolio ended fiscal year 2026 (FY26) with some positive momentum for the year ahead. The company’s lineup of Mexican import brands (Modelo, Corona, Pacifico, Victoria) increased Q4 shipments (sales to wholesalers) 1.1%, while depletions (sales to retailers) increased 0.6% in the quarter, the company shared after market close Wednesday. Net sales also improved 1% year-over-year (YoY).
Constellation Brands has agreed to terms to acquire HOPWTR, expanding the beer and spirit giant’s presence in the fast-growing non-alcoholic space. The deal comes roughly five years after Constellation’s initial investment in HOPWTR in 2021 through its Venture division.
Hiyo, the non-alcoholic (NA) social tonic brand with investment from Constellation Brands, will hit nearly 2,000 Target stores across the country.
Sixteen leaders from 12 bev-alc brands (and adjacent) were named to Inc.’s 2026 Female Founders 500. Representing craft beer are Holidaily Brewing (Golden, Colorado) founder Karen Hertz, Hot Plate Brewing (Pittsfield, Massachusetts) founder Sarah Real and Talea Beer Co. (Brooklyn, New York) co-founders LeAnn Darland and Tara Hankinson.
Check out news items were initially reported in the Brewbound Insider Newsletter March 2-4, including headlines from Boston Beer Company, Constellation Brands, NIQ and more.
Constellation Brands leaders believe Pacifico and Victoria can be the Mexican beer importer’s next big brands alongside flagships Modelo and Corona. The company has “huge ambitions” for Pacifico, aiming to double its volume to 75 million cases by 2030, Mallika Monteiro said.
