Constellation Brands, which owns Corona beer, released a statement fighting the notion that recent events concerning the coronavirus outbreak has negatively affected the brand.
In fact, the company claims sales are actually up 5 percent in the U.S. over the latest four-week period, nearly doubling the 52-week trend for the brand.
Constellation Brands CEO Bill Newlands whilst recognizing the gravity of the situation, also shared a little empathy saying, “Our thoughts and prayers go out to those affected by this terrible virus and we hope efforts to more fully contain it gain traction soon.”
See the full statement by Constellation Brands here
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