Constellation Brands

After more than a year, Constellation Brands has filled its chief sales officer role. The Mexican beer importer announced today the appointment of Jack Edwards as CSO of its beer division, effective May 18.

Constellation Brands’ beer portfolio ended its fiscal year 2026 (FY26) with depletions growth in Q4 after three consecutive quarters of year-over-year (YoY) losses. That momentum and the energy of its incoming CEO have the company optimistic for growth trends moving into FY27 – cautiously optimistic.

Constellation Brands’ beer portfolio ended fiscal year 2026 (FY26) with some positive momentum for the year ahead. The company’s lineup of Mexican import brands (Modelo, Corona, Pacifico, Victoria) increased Q4 shipments (sales to wholesalers) 1.1%, while depletions (sales to retailers) increased 0.6% in the quarter, the company shared after market close Wednesday. Net sales also improved 1% year-over-year (YoY).

Constellation Brands has agreed to terms to acquire HOPWTR, expanding the beer and spirit giant’s presence in the fast-growing non-alcoholic space. The deal comes roughly five years after Constellation’s initial investment in HOPWTR in 2021 through its Venture division.

Perceived value is reality when it comes to beverage-alcohol sales in HMSHost’s more than 1,000 dining venues located in around 80 airports across the U.S., Tyler Pitman, SVP of concept development, brand partnerships and adult beverage shared earlier this month during Constellation Brands’ Gold Network Summit.

Job cuts at Diageo; Michelle St. Jacques’ landing spot; Victoria and Pacifico’s new lead; Sierra Nevada’s next Little Thing; Modelo’s new creative; and Allagash and Russian River’s enduring friendship.

Constellation Brands leaders believe Pacifico and Victoria can be the Mexican beer importer’s next big brands alongside flagships Modelo and Corona. The company has “huge ambitions” for Pacifico, aiming to double its volume to 75 million cases by 2030, Mallika Monteiro said.

Constellation Brands wasn’t immune from the beverage-alcohol industry’s “tough” 2025, beer division president Jim Sabia acknowledged Monday during the opening session of the company’s Gold Network Summit with distributors in Las Vegas.

Nick Fink’s appointment Thursday as Constellation Brands’ CEO-in-waiting sparked takes from Wall Street analysts on what the transition means for the future of the Mexican beer importer.

Constellation Brands CEO Bill Newlands will step down from the top spot at the bev-alc giant this April, the company announced today.

Convenience store retailers offered an optimistic outlook on 2026 beverage sales in Goldman Sachs’ Q4 Beverage Bytes retailer survey, which represents roughly 28% of the c-store channel (around 42,000 retail locations).

It may be time for beer to finally address its pricing issues. That was one of the main takeaways from Day 1 of the Beer, Wine and Spirits Summit Sunday, hosted by Beer Business Daily and Wine & Spirits Business Daily in Coronado, California.

Monday Night Brewing (MNB) co-founder and CEO Jeff Heck has stepped down from his c-suite role, passing the baton to fellow co-founder Joel Iverson, he announced on LinkedIn this week.

After a rocky first half, Constellation Brands leadership is “cautiously optimistic” the company’s bev-alc portfolio declines have hit a “plateau.” The company’s beer division (Modelo, Corona, Pacifico and Victoria) recorded improved metrics in Constellation’s third quarter, which ended November 30.