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.
Constellation Brands wasn’t immune from the beverage-alcohol industry’s “tough” 2025, beer division president Jim Sabia acknowledged Monday during the opening session of the company’s Gold Network Summit with distributors in Las Vegas.
Determined to find sunshine in the beer category after a year’s worth of gloom, Bump Williams Consulting (BWC) examined growth brands in the import segment in its February report.
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.
Sapporo-Stone Brewing’s strategy for 2026 is to double the size of Sapporo Premium while tapping into pockets of growth for incremental gains, company leaders shared during a virtual distributor meeting last week.
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.
Duvel is aiming to be the top-supplier of Belgian imports, which would require “eclipsing a 27% share,” Duvel USA chief commercial officer Bobby Dykstra shared with distributors earlier this month.
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 »
Total beer supply in the U.S. was down 3.6% in May compared to the same month in 2024, marking continued declines but slight improvements for the industry, according to data from the Beer Institute (BI).
Constellation Brands’ down Q1 may have bucked the Mexican beer importer’s historical trends, but the declines were “expected,” company leadership shared Wednesday during its Q1 2026 earnings call with investors and analysts.
The reasons behind Modelo Especial’s negative trends may have more layers than just the Trump administration’s immigration raids and arrests, the Societe Generale Group at financial services firm Bernstein explored in a recent report.
Domestic tax paid shipments fell back in the red in April, declining 3% year-over-year (YoY), to an estimated 12.1 million barrels, according to the Beer Institute (BI), citing figures from the Alcohol and Tobacco Tax and Trade Bureau (TTB).