The industry behemoths are scrambling to adapt—through mergers, acquisitions, spinoffs, and asset sales. Constellation Brands —maker of Mexican beers Corona and Modelo—suffered a steep stock slide on Tuesday after it sharply reduced fiscal‑2026 guidance. CEO Bill Newlands blamed broader macroeconomic softness and notably weaker spending among Hispanic consumers—a core demographic for its premium beers.
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Food Giants Are Struggling. Could Mergers, Spinoffs, and Activist Stakes Help?
Published 2 months ago
Sep 2, 2025 at 7:50 PM
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