FactCheck.org: Coronavirus Fears Haven't Sunk Sales of Corona Beer in U.S.
Quick Take
Corona’s parent company reports that its beer sales in the U.S. are up this year, contrary to viral Facebook posts that falsely claim its U.S. sales have dropped because of the new coronavirus.
Full Story
Corona beer’s public relations team doesn’t want its brand associated with an epidemic, but viral Facebook posts are falsely stating that beer drinkers are shunning Corona as a result of the new coronavirus.
The posts take a shot at the intelligence of the public, claiming that “the fact that Corona Beer is experiencing a profit loss shows you that there is a problem with the IQ level of the general population.”
But Constellation Brands, Corona’s producer, says its U.S. sales are up in the early part of the year and the company doesn’t have much exposure to international markets, such as China, which have suffered a greater impact from the disease.
Corona Extra sales grew 5% in the U.S. in the latest four-week period, which ended Feb. 16 — “nearly doubling the 52-week trend for the brand,” the company said. The company’s sales are primarily focused on the U.S. market, according to a statement from Constellation Brands. Only 2.7% of the company’s $8.1 billion in sales of all its products were outside the U.S. in fiscal year 2019.
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https://www.factcheck.org/2020/03/coronavirus-fears-havent-sunk-sales-of-corona-beer-in-u-s
= new reply since forum marked as read
Come on, Corona! Doesn't the fact that IQ45 is the President of the United States already prove that there is a problem with the IQ level of the general population?" (actually, it probably only effects 35 to 40% of the population)
