Brandon Gomez

3 weeks ago | businessandamerica.com | Amelia Lucas |Brandon Gomez

Miami, Hialeah Gardens, Florida, Walmart Supercenter, checkout line cashier, customers paying. Jeff Greenberg | Universal Images Group | Getty ImagesHispanic consumers are cutting back their grocery spending on everything from beer to cooking spray, executives said during recent earnings calls. Coca-Cola, Constellation Brands and Colgate-Palmolive are among the companies that have reported a slowdown in North American sales from Hispanic shoppers.

1 month ago | nbcnews.com | Amelia Lucas |Brandon Gomez

By and Hispanic consumers are cutting back their grocery spending on everything from beer to cooking spray, executives said during recent earnings calls. Coca-Cola, Constellation Brands and Colgate-Palmolive are among the companies that have reported a slowdown in North American sales from Hispanic shoppers. A fifth of the U.S. population identifies as Hispanic or Latino, according to the U.S. Census Bureau.

1 month ago | nbcnews.com | Brandon Gomez

U.S. spirit exports reached a record $2.4 billion in 2024, driven in large part by tariff concerns and ongoing global trade disputes. That is according to the American Spirits Exports report published by trade association the Distilled Spirits Council of the United States on Thursday. “U.S. spirits exports hit a new high in 2024, recapturing lost market share since the UK and EU lifted retaliatory tariffs that were applied between 2018-2021,” said DISCUS President and CEO Chris Swonger.

1 month ago | nbcnewyork.com | Brandon Gomez

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1 month ago | cnbc.com | Brandon Gomez

Heineken shrugged off the threat of tariffs earlier this year, but now the company is raising more concerns about potential disruptions to its business. In the Dutch brewer's earnings report released Wednesday, Heineken indicated new U.S. tariffs, particularly those targeting canned beer, could force it to adjust spending and investments. "There are broader uncertainties, including recent tariff adjustments and potential increases, as we go forward," the company said in its earnings release.