![]() ![]() Sales accelerated in the first three weeks of March, the company said, with its beers growing 24% compared to a year ago. Constellation said sales of its beer brands grew 8.9% for the first three months of this year, with Modelo and Corona being its top sellers. CEO Bill Newlands said in an earnings call the brand has “ample supply to meet consumer demand” and doesn’t expect shortages in the near term.Ĭorona’s coincidental name with the virus hasn’t dented sales. Grupo Modelo is ready to enact a plan to “guarantee the supply of beer” if the Mexican government decides to include breweries as essential, according to a statement.Ĭonstellation Brands handles the distribution and import of Grupo Modelo’s beers in the United States. ![]() The drink was introduced in 1925, and it is bottled at 4.6 ABV. It has a light-body and a crisp and a subtly sweet malty flavor. This golden-colored, refreshing beer is often categorized as a light American-style lager. The country has more than 1,500 cases and 50 deaths, according to Johns Hopkins. Corona (Corona Extra) is the most popular Mexican beer and of the best-known beers worldwide. This week, the Mexican government announced the suspension of non-essential activities in the public and private sectors until April 30 in an effort to curb the spread of the virus. The Anheuser-Busch Inbev-owned company also makes Modelo and Pacifico beers. The favorability of Corona beer, or how well the brand is liked, did dip from 44 in February 2020 to 41 in March, said Emily Moquin, food and beverage analyst at Morning Consult. Grupo Modelo, the company that makes the beer, posted the announcement on Twitter, stating that it’s halting production and marketing of its beer because the Mexican government has shuttered non-essential businesses. ![]() Production of Corona beer is being temporarily suspended in Mexico because of the coronavirus pandemic. Please look at the time stamp on the story to see when it was last updated. This is an archived article and the information in the article may be outdated. ![]()
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