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The owner of Modelo, the top-selling beer brand in the US, reported dismal earnings and revenue as its margins took a beating from President Trump's tariffs on aluminum.
Thanks to an antitrust settlement between Anheuser-Busch InBev, Grupo Modelo and the Department of Justice in 2013, AB InBev had to sell Modelo's U.S. business to Constellation.
Modelo’s parent company, New York-based Constellation Brands , recently reported strong earnings. Its beer business, which also includes Corona, posted an 11% increase in sales for the first ...
Modelo Especial is now officially America’s best-selling beer, dethroning Bud Light, whose popularity faded following the Dylan Mulvaney controversy.
A decade before Bud Light faced a conservative-led boycott over a transgender influencer, Modelo Especial was on track to take the No. 1 spot. By J. Edward Moreno More beers in America are being ...
Constellation Brands’ stock fell as the parent of the Modelo and Corona beer brands could be among the companies most impacted by President-elect Donald Trump’s plan to impose tariffs on ...
But Modelo Especial has spent years appealing to younger, more diverse beer drinkers. Modelo’s rise to No. 1 beer was no fluke, even with the Bud Light controversy Skip to main content Skip to ...
Modelo Especial is the top-selling beer in the U.S. in terms of sales dollars in June. It marks the second month in a row that the Mexican lager has held this spot.
Thanks to an antitrust settlement between Anheuser-Busch InBev, Grupo Modelo and the Department of Justice in 2013, AB InBev had to sell Modelo's U.S. business to Constellation.
Mexican-made Modelo Especial is the top-selling beer in the United States for the second straight month, once again snatching the crown from Bud Light. For the four weeks ending on July 1, Modelo ...