Economy and Hispanic Consumers Push Beer Sales; World Would Boost: Constellation Brands

Bloomberg Linea

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Constellation Brands, the company that produces beers like Modelo Especial and Corona in the United States, said it is “cautibly optimistic” about the recovery of the brewing business as the challenges related to the Hispanic consumer persist.The company's leaders told analysts that events such as the 2026 World Cup will present more opportunities for beer consumption, but warned that demand volatility related to macroeconomic factors and migrat…

El Economista

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Constellation Brands, owner of brands such as Corona, Modelo, Pacifico and Victoria, warned that economic uncertainty and the caution of Hispanic consumers could continue to affect beer sales in the United States, although he trusts that the World Cup will temporarily boost demand. “75 percent of Hispanic consumers are very concerned about the socio-economic environment and are being much more careful about their spending patterns, spending much…