Constellation Counts on Lighter Corona to Maintain Beer Boom

Photographer: David Paul Morris/Bloomberg
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Surging sales of Mexican beer helped Constellation Brands Inc. trounce Wall Street estimates with its latest results.

Now the alcohol giant looks to keep the growth streak going with a lighter version of Corona, taking direct aim at Michelob Ultra. The new Corona Premier, which has 2.6 grams of carbs and 90 calories per 12-ounce container, is debuting this quarter.