![]() Corona Hard Seltzer, which launched in early March, is also off to a "strong start," according to a company earnings release. Modelo Group, the Mexican brewer of Corona, announced it was halting production and marketing of its beer, according to a statement released on the company’s. 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. The company said it will discuss the production cessation on a call Friday morning.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. Pilsner-style lager beer from Mexico with a golden hue. 24 pack of 12 fl oz bottles of Corona Extra Mexican Beer. Enjoy a Corona beer with lime at barbecues, on game days, and at the beach. Mexican beer that pairs well with all types of food. Another sign the virus could be taking a toll on Coronas brand: A measure of how likely consumers are to buy the beer has fallen to a two. Sales numbers from Nielsen (NLSN) show beer sales rose 34. Even-keeled Corona beer with fruity-honey aromas and a refreshing, crisp, and well-balanced flavor. Finance expert explains markets coronavirus dip 03:05. The country has more than 1,500 cases and 50 deaths, according to Johns Hopkins. Beer and other alcohol are rising in sales this month as Americans are being forced to hunker down in light of the coronavirus. 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. 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. ![]()
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