Will Corona Turn a Corner

That was the sentiment put forth by Constellation brass as they report their quarterly earnings yesterday. Crown Imports eked out a 1% gain in net dollar sales for their fiscal quarter (June - August), with gains in Corona Light, Model Especial, and Negra Modelo being dragged down by Corona Extra. He says there's nothing wrong with the brand equity, just a confluence of issues. Corona experienced soft trends in hard-hit California, Arizona, and Florida; and got a healthy dose of