Hard Seltzer

Constellation Brands CEO: Growth Not Reliant on Hard Seltzer, Growth Driven by Beer Brands; Corona Hard Seltzer to be Reformulated

Constellation Brands CEO: Growth Not Reliant on Hard Seltzer, Growth Driven by Beer Brands; Corona Hard Seltzer to be Reformulated

Constellation Brands executives addressed hard seltzer’s slowing sales during the company’s second quarter 2022 earnings call today, and assured investors and analysts that the success of its core beer brands would still drive growth. Here are some of the highlights of the discussion: Company Not Reliant on Hard Seltzer Constellation president and CEO Bill Newlands… Read more »

Goldman Sachs: Distributors Predict Hard Seltzer Shakeout in 2022

Goldman Sachs: Distributors Predict Hard Seltzer Shakeout in 2022

An overwhelming majority of distributors say a shakeout is coming to the hard seltzer segment and retailer shelves in 2022, according to the most recent Beverage Bytes survey from Goldman Sachs’ equity research team.