Tag Archives: Grupo Modelo

• Flavoured Whiskey Outpaces Flavoured Vodka

Flavoured Whiskey Outpaces Flavoured Vodka

Imported flavoured vodkas are losing market share in the US amid growing demand for flavoured whiskey and homegrown brands, according to recent analysis. According to Rabobank’s Spirits Quarterly Q1 2015, flavoured whiskeys, or whiskey-based liqueurs, was the “hottest growth segment in the US spirits market” in the first three quarters of 2014, while volumes of imported […]

• Carlos Santana Sells Hot Tequila Biz In Latest Booze Deal

Carlos Santana Sells Hot Tequila Biz In Latest Booze Deal

U.S. alcoholic beverage giant Constellation Brands (IW 500/306) (STZ) said Wednesday it will buy Casa Noble, a Mexican organic tequila maker partly owned by music icon Carlos Santana. “As the first super premium spirits brand we’ll add to our portfolio, Casa Noble is a natural fit,” Constellation CEO Rob Sands said, adding that the acquisition […]

• AB InBev Beats Profit Predictions

AB InBev Beats Profit Predictions

AB Inbev has reported profit growth this quarter that has exceeded industry estimates, as sales in Brazil related to the World Cup helped to balance out a US slump. Earnings before deductions rose 9.5% to $4.85 billion (£2.66bn), significantly higher than the pre-results estimate of 8.2% which was reached by an average of industry expert predictions. The company […]

• Constellation Brands Q4 Profit Surges On Strong Beer Sales

Constellation Brands Q4 Profit Surges On Strong Beer Sales

Alcoholic beverage maker Constellation Brands, Inc. (STZ: Quote,CBR.AX,STZ-B: Quote) on Wednesday reported 92 percent surge in profit for the fourth quarter from last year, as results at its beer segment were bolstered by the acquisition of Grupo Modelo’s S.A.B. de C.V.’s (GPMCF) U.S. beer business. Adjusted earnings per share for the quarter beat analysts’ expectations, […]

• Constellation Brands Q2 Profit Surges

Constellation Brands Q2 Profit Surges

Alcoholic beverage maker Constellation Brands, Inc. (STZ: Quote,CBR.AX,STZ-B: Quote) on Thursday reported a profit for the second quarter that surged from last year, as results were helped by the company’s acquisition of Grupo Modelo’s S.A.B. de C.V.’s (GPMCY) U.S. beer business. Adjusted earnings per share beat analysts’ expectations, while revenues missed their estimates. Looking ahead, […]

• Constellation Brands Wants Legal Role in Beer Merger Battle

Constellation Brands Wants Legal Role in Beer Merger Battle

Constellation Brands Inc. STZ -1.84% on Friday asked a federal judge to include the company in legal proceedings on the Justice Department’s challenge to the proposed merger between beer makers Anheuser-Busch InBev NV ABI.BT -0.22% and Mexico’s Grupo Modelo GMODELO.MX +0.05% SAB. Constellation’s legal request included a written declaration from its chief executive that offered an early rebuttal […]

• U.S. Sues to Block Big Beer Merger

U.S. Sues to Block Big Beer Merger

The U.S. government sued to block the world’s biggest beer maker from spending $20 billion to get even bigger, the latest deal to fall prey to global antitrust regulators. The surprise lawsuit seeks to block Bud Light maker Anheuser-Busch InBev NV’s ABI.BT +4.01% deal with the Mexican company that owns the Corona brand, and comes just […]

• America’s Favorite Beers…By Sales

America’s Favorite Beers…By Sales

It may be about time Budweiser relinquished its title as “King of Beers.” According to the recently released 2012 Harris Poll EquiTrend Rankings, there is a new batch of brews with stronger brand equity, customer connections and buzz. 24/7 Wall St. has examined the report, identifying the 10 beers with the strongest brands. The beer […]

• Grupo Modelo Gains Share in U.S. Market as Victoria Beer Cracks Top 20

Grupo Modelo Gains Share in U.S. Market as Victoria Beer Cracks Top 20

Grupo Modelo SAB, the Mexican brewer of Corona beer, is gaining share in the U.S. import market aided by its Victoria brand, which cracked the top 20 of foreign beers in its first year. Shipments of Modelo brands rose 4.4 percent in the 13 weeks ended July 3 compared with a 1.7 percent increase for […]

• Bidding War Brewing In Beer Market: Foster’s Rejects SABMiller Offer

Bidding War Brewing In Beer Market: Foster’s Rejects SABMiller Offer

SABMiller shook the beer market on Tuesday after it announced a $10 billion cash bid for Australia’s largest brewer, Foster’s Group.  The unsolicited offer was quickly rejected as shares in Foster’s jumped past the offer price, as analysts see a possible bidding war  with Japan’s Asahi and Mexico’s Grupo Modelo. The $10 billion cash offer […]

• Constellation Brands Ramps Up Its Chinese Operations

Constellation Brands Inc. is ramping up its Chinese operations as the winemaker looks to capitalize on a growing thirst for its offerings there. The company, whose brands include Robert Mondavi and Kim Crawford wines and Svedka vodka, has installed a senior executive in Hong Kong to build its infrastructure there and in coming weeks will […]

• Hear! Hear! Women crucial to future success of craft beer in U.S.

Hear! Hear! Women crucial to future success of craft beer in U.S.

Question: Who will help support the future of US craft beer? A. With our population exploding, there should be plenty of up and coming market share B. All the existing craft beer drinkers, silly C. Women Answer: C It’s time for more women consumers to engage in American Craft Beer. Why? Well, if you’re a […]

• Constellation US posts fourth quarter profit

Constellation Brands has posted a fiscal fourth-quarter profit of US$279.8 million, reversing a year loss as it posted strong wine sales in North America. The company’s revenue rose 1% to US$715.3m, while spirits sales were up 3%. Constellation, whose brands include Robert Mondavi and Ravenswood wines and Svedka vodka, was until recently the world’s largest […]

• Feeling Stale, Molson Ready For Its Makeover

or years, the Molson beer brands sold by Molson Coors Brewing Co. have ceded the spotlight in their Canadian homeland to American cousin Coors Light, which eclipsed Budweiser as Canada’s top-selling brew last year. Molson Coors is now making a big push to rejuvenate the Molson name through a series of new products and marketing […]

• Constellation Brands & GModelo Settle Legal Action

Constellation Brands, Inc. /quotes/comstock/13*!stz/quotes/nls/stz (STZ 19.73, +0.69, +3.62%) (asx:CBR), the world’s leading wine company, and GModelo Corporation, a subsidiary of Grupo Modelo, S.A.B. de C.V., Mexico’s leading brewer, announced today the settlement of legal action brought by GModelo against Constellation and certain of its affiliates in New York Supreme Court. At issue was the marketing […]