Corona

AB InBev Takes Constellation To Court Over Corona Brand Name Use

The Mexican arm of drinks company Anheuser-Busch InBev has accused U.S. firm Constellation Brands in a lawsuit of breaching a deal on the use of the Corona...

Constellation Brands Sees Strong End To Financial Year

Constellation Brands, whose portfolio includes the Corona and Modelo beer brands, saw net sales up 6% in the fourth quarter of its financial year, to $1.9...

AB InBev Scraps 2020 Outlook As Coronavirus Crisis Expands

Anheuser-Busch InBev, the world's largest brewer, said on Tuesday it was scrapping its 2020 outlook as the scale of the coronavirus increased. The Belgi...

Corona Maker Sees Retail Beer Volumes Increase 30% In Last Four Weeks

Far from shunning the beverage, Corona beer fans in the US are purchasing increased volumes of the brand through retail channels, according to its parent,...

Corona Beer Boss Slams 'Unfounded' Claims Over Impact Of COVID-19 On Its Business

The chief executive of Constellation Brands, which owns the Corona Extra beer brand, has criticised claims in the media that the COVID-19 outbreak has impa...

AB InBev Sees 10% Hit To First-Quarter Profit From Coronavirus

The world's largest brewer Anheuser-Busch InBev forecast a 10% decline in first-quarter profit on Thursday after the coronavirus outbreak hit beer sales du...

Corona Maker Constellation Raises FY Profit Forecast After Upbeat Quarter

Constellation Brands Inc raised its full-year adjusted earnings forecast and beat Wall Street estimates for quarterly profit on Wednesday, driven by strong...