Beer slump helped by growth in premium offerings, Constellation Brands CFO says
Dive Brief: Volatility in beer is being driven by a decline in consumer interest in lower-value brews and growing interest in higher-end options, Garth Hankinson, Constellation Brands’ executive vice president and CFO, told Wall Street investors at a conference Tuesday. Hankinson said the buy rate of the premium alcohol category is up year-over-year. This indicates consumers see pricier […]