Consumers continue to love imported beer, and Constellation Brands, the seller of Modelo Especial and Corona, is riding high. The company beat quarterly earnings estimates on Wednesday, but sales fell a bit short. While Constellation beer sales increased 8% from a year ago, wine and spirits sales declined 7% as the business continues to face challenging market conditions. Read More...
Consumers continue to love imported beer, and Constellation Brands, the seller of Modelo Especial and Corona, is riding high. The company beat quarterly earnings estimates on Wednesday, but sales fell a bit short. While Constellation beer sales increased 8% from a year ago, wine and spirits sales declined 7% as the business continues to face challenging market conditions.
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