Constellation Brands Cuts Outlook: Beer Demand Dries Up

Modelo Maker Constellation Brands Hit Hard! Find out why the beer giant behind Corona is slashing forecasts and seeing its stock plummet to COVID-era lows. Macroeconomic pressures are forcing consumers to cut back on premium beer, especially among key Hispanic demographics, leading to a major sales slump and impacting the entire beer industry. Hosted on Acast. See acast.com/privacy for more information.