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The Latest Breaking News from Modelo

Warren Buffett’s $1.24 billion bet on Modelo maker is 'perfect example of value investing'

Citi's lead beverages analyst Filippo Falorni views Berkshire Hathaway's investment as "a perfect example of value investing."

Fortune

Warren Buffett’s Berkshire Hathaway could be prepping for pool parties packed with pizza, beer, and premium pinot noir

The conglomerate boosted its stakes in Domino’s Pizza and Pool Corp. and revealed a new position in the alcoholic beverage company known for such brands as Corona, Modelo, and Meiomi wine.

Fortune

Mexican captain Edson Álvarez ahead of the Copa América: "We always aspire to win" - Interview

Mexico will debut against Jamaica on June 22 at the NRG Stadium in Houston, Texas

Latin Times

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Bud Light inks sponsorship with Dana White’s UFC as it struggles to find a way to impress American beer drinkers after trans-ad debacle

Bud Light to sponsor Dana White's popular combatants for the next six-years in bid to regain favor among American male consumers.

Fortune

Bud Light is no longer the best selling beer in 2023

When the lager lost the monthly crown to rival Modelo Especial in May, Anheuser-Busch countered by arguing it still held the overall top spot for the year.

Fortune

Modelo's rise to No. 1 beer was no fluke, even with the Bud Light controversy

The controversy over transgender influencer Dylan Mulvaney helped Modelo Especial overtake Bud Light as America's No. 1 beer, but the Mexican lager's rise is no fluke. Its mainstream success was years in the making.

St. Louis Post-Dispatch

Joe Biden's Incoherent Student Loan Logic

Plus: Fewer cops, less crime; free beer; and more....

Reason

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Constellation Brands Tops Earnings On Strong Modelo Beer Sales, But STZ Stock Fizzles

Constellation Brands beat Q1 earnings forecasts Friday on strong Modelo beer sales. But STZ stock eased premarket after results.

Investors Business Daily

Bud Light, top US seller since 2001, loses sales crown to Modelo as beer backlash continues

After more than two decades as America’s best-selling beer, Bud Light has slipped into second place

The Independent UK

America’s national beer could soon be Mexican as Memorial Day weekend sales drop plunges Bud Light further into crisis

As beer drinkers walk by fully stacked shelves of Bud Light, more and more Americans are reaching for Modelo Especial following controversy over a transgender influencer.

Fortune

Pint of order: New York judge asks jury to define ‘beer’ in Corona case

Parent company Modelo’s lawsuit against US distributor for selling hard seltzer hinges on definition of ‘beer’ in licensing agreement

The Guardian - US

Miocic: ‘I’m Planning on [Winning] Another One’

The former two-time heavyweight champ won’t call it a career until he makes a run at a third title.

People

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