Anheuser-Busch's Michelob Ultra claims the number one beer spot in America, ending Constellation Brands' Modelo Especial reign that began in June 2023.

Constellation Brands cuts fiscal year outlook as the importer of Corona and Modelo faces declining beer sales amid challenging economic conditions and weak consumer demand.

Beer distribution company Constellation, which owns the U.S. rights to Corona and Modelo, has admitted to having a tough time dealing with the changing political landscape.

Delaware and Mississippi are taking action to allow wine shipments and help local wineries whose customers find they cant take their products home.

Popular alcohol producers had a bumpy morning as investors reacted to an advisory from the U.S. Surgeon General about alcohol and cancer.

Constellation Brands has been seeing soft demand in its wine and spirits segment, and the alcohol producer recently said it will weigh on its second-quarter results.

Anheuser-Busch InBev continues to suffer from the boycott against its Bud Light brand nearly a year after its controversial partnership with transgender influencer Dylan Mulvaney.

Beer sales in bars and restaurants surged for this year's Super Bowl compared to 2023, but customers' favorites were not the same. Corona was the top seller, while Bud Light plunged.

Sales of Anheuser-Busch's beleaguered Bud Light brand are down 29.9% on an annual basis while competitors continue to gain ground following last year's boycott.

Constellation Brands' beer business continues to gobble up market share in the U.S. after its Modelo Especial took over Bud Light as the top-selling beer last year.