Constellation Brands CEO Bill Newlands said that Modelo Especial beating Bud Light in sales dollars to become America's top-selling beer came “a little sooner' than expected.
Constellation Brands and the president of its beer division, Jim Sabia, have "often said that that was going to happen in the next few years, but obviously, it happened a little sooner than we had anticipated," Newlands said Friday. He made the remark during the company’s fiscal first-quarter earnings call after an analyst had asked about the impact of Bud Light’s controversy on Constellation Brands’ business and any potential changes in connection to it.
"I think one of the things that you’re likely to see if some of that challenge continues is when we look at shelf sets in the back half of the year. You know, many retailers look at velocities as they are doing their re-shelf setting, which, again, often happens in the fall, and that always works to our advantage," Newlands continued.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Modelo Maker Profits From Bud Light’s DeclineThe stretch between Memorial Day and July 4th, the beer industry’s Black Friday, saw Modelo Especial take a top spot that Bud Light held for decades
続きを読む »
Modelo maker’s sales surge amid Bud Light’s Dylan Mulvaney controversyModelo Especial dethroned Anheuser-Busch InBev’s Bud Light as the top selling beer in the US in June after the latter faced backlash over a promotion with Dylan Mulvaney.
続きを読む »
Bud Light ads are popping up in China after Dylan Mulvaney controversyThe beer brand has endured plummeting sales in the U.S. following its brief partnership with transgender influencer Mulvaney.
続きを読む »
Bud Light makers won't say whether 'woke' ad execs have been let goAnheuser-Busch would not give an explicit answer about whether Alissa Heinerscheid and Daniel Blake still worked there, following a report they had been let go.
続きを読む »
Anheuser-Busch CEO Reiterates LGBTQ Support Amid Bud Light Ad BacklashBrendan Whitworth said the beer brand will 'continue to support the communities and organizations that we’ve supported for decades.'
続きを読む »
Trans Influencer Dylan Mulvaney Breaks Her Silence on Bud Light ControversyTrans influencer Dylan Mulvaney breaks her silence on Bud Light controversy. 'For a company to hire a trans person and then not publicly stand by them is worse, in my opinion, than not hiring a trans person at all.'
続きを読む »