Increased Brand Loyalty
Constellation Brands reported increased brand loyalty for Corona and Modelo, particularly among Gen Z, who represent twice the company's share compared to the industry average.
Strong Wine and Spirits Performance
The wine and spirits segment outperformed the market for six straight months, with brands like Kim Crawford and Meiomi showing strong growth.
Cost Savings Achievements
The company achieved over $100 million in cost savings year-to-date, contributing to its transition from builder to operator, focusing on supplier and sourcing optimization.
Modelo Especial Performance
Modelo Especial remains the top-selling beer by dollar sales in the U.S., with a share two full points ahead of the next largest brand.