Constellation Brands, which owns the Modelo and Corona beers in the U.S., lowered its full-year sales and profit outlook Tuesday, citing falling demand among Hispanic customers in particular.

Bud Light lost its top spot in the U.S. beer market last month, as the brand’s sales sag following a conservative uproar over its partnership with transgender social media influencer Dylan Mulvaney.

The beer commercial celebrates a Mexican grandmother making homemade tortillas, but as she flips them with her fingers, a warning appears on-screen: Do not attempt. The Modelo ad, in heavy rotation ...

(NEXSTAR) – Anheuser-Busch announced Monday that Michelob Ultra is now the best-selling beer in the U.S., claiming the top spot from Modelo Especial. Anehuser-Busch, in its announcement, cited data ...