1122 ET - Constellation Brands is spending a lot of time thinking about its pack sizes and prices, CEO Bill Newlands says on a call with analysts. The U.S. importer of Modelo and Corona beers says that it's increasingly important to offer various pack sizes at a range of prices. That way, Newlands says, "no matter what the consumer has available to them to spend, we have a product available for them." Constellation is also leaning into promotions to drive demand: "You're always going to see a bit more promotional activity at a time when there's economic concerns," Newlands says. Constellation is up 4.1%. (connor.hart@wsj.com)
(END) Dow Jones Newswires
July 02, 2025 11:22 ET (15:22 GMT)
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