Constellation Brands, which owns the Modelo and Corona beers in the U.S., lowered its full-year sales and profit outlook Tuesday, citing falling demand among Hispanic customers in particular.

Bud Light lost its top spot in the U.S. beer market last month, as the brand’s sales sag following a conservative uproar over its partnership with transgender social media influencer Dylan Mulvaney.

W hen happy hour comes around, and it's time to wind down with a cold beer, which brand are you cracking open? A hoppy IPA? A tangy sour? Or a classic lager? Well, America's favorite beer was recently ...