Modelo

Cristina Aranguiz did not inherit a legacy license or walk into cannabis with a Silicon Valley war chest. She started with just $10,000, money she saved from real estate side gigs. Today, she runs seven dispensaries and a cannabis manufacturing facility in three states via her companies, Cannabis...

American beer drinkers could see some of their favorite beverages cost more in the coming years if President-elect Donald Trump's plan to place a 25% tariff on Mexican imports goes through. What Happened: Trump has promised to put tariffs on countries like China, Mexico and Canada when he is...

Modelo Especial, a popular Mexican beer, has outpaced Bud Light in sales, dethroning the latter from its position as America’s favorite beer. This shift underscores a significant change in consumer tastes and preferences. What Happened: According to a Tuesday report by Fortune, despite a...

Beer brand Bud Light has had a rough year with controversy surrounding the brand impacting sales and putting pressure on shares. The beer brand, owned by Anheuser-Busch InBev (NYSE: BUD), saw its retail market share fall in recent months and a new report pointed to new struggles at bars...

A boycott that gained steam on social media and within certain political circles has had a large impact on the sale of a key product for a public company. Here’s a look at the impact of the Bud Light boycott and what’s happening to the U.S. beer market. What Happened: Controversy...

The sky isn’t the only place with stars. If you live in California you might run into one, and if you like Corona, you might have drank one. The parent company of Corona, Modelo Especial and others is Constellation Brands, Inc. (NYSE: STZ), and its stock ticker is short for “stars...

New York City over the weekend hosted the Beer Marketer's Insights (BMI) conference with multiple themes discussed and management teams offering presentations. Bank of America analyst Bryan Spillane attended the event and offered multiple industry-wide and company specific takeaways. Disruptive...

The hard seltzer alcohol market has exploded over the last year and could expand to a $2.5 billion market by 2021 and Constellation Brands, Inc. (NYSE: STZ) could see part of its beer portfolio negatively impacted from the growing category, according to UBS. The Analyst UBS analyst Sean King...

Constellation Brands, Inc. (NYSE: STZ) held a presentation this week with Street analysts to discuss its beer business outlook, which left at least two analysts positive on the outlook. The Main Takeaways Constellation Brands' presentation was led by incoming CEO Bill Newlands, Beer President...

Constellation Brands, Inc. (NYSE: STZ) traded down 12 percent Wednesday after management cut 2019 guidance to account for its Canopy Growth Corp (NYSE: CGC) investment. Considering interest expenses for Canopy financing, the company now projects 2019 earnings per share between $9.20 and $9.30...

BMO Capital Markets analyst Amit Sharma initiated coverage across the alcoholic beverage sector.  Constellation Brands, Inc. (NYSE: STZ) with an Outperform rating and $275 price target. Molson Coors Brewing Co (NYSE: TAP) with an Outperform rating and $95 price target. Brown-Forman...

Credit Suisse sees higher risk to Constellation Brands, Inc. (NYSE: STZ)'s earnings potentials until fiscal year 2018. Analysts Laurent Grandet and Clay Crumbliss also see pricing power as being pressured to retain volume growth. As a result, the analysts project EPS 2–3 percent below Street...