Key Takeaways: Constellation Brands is focusing on its Mexican beer offerings as its wine and spirits division experiences significant declines, according to CEO Bill Newlands during the recent earnings call. Pacifico, Modelo Especial, and Modelo’s Chelada brews saw sales growth…
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Food News
The Weekly Sip: Diageo’s spirits sales fall flat | International Delight turns to ‘Home Alone’ nostalgia for coffee
Diageo earnings fall as consumers cut back on spirits The maker of Guinness is struggling to manage a cooler purchasing environment as higher-end alcohol falls to the backburner for many consumers. In its financial results released this week, Diageo reported…