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William Newlands

Strategic Advisor, Constellation Brands

Search every verified William Newlands interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. William Newlands, President and CEO of Constellation Brands, has been addressing a challenging consumer environment during recent earnings calls. He has described a "softer consumer backdrop" due to macroeconomic headwinds and noted that "80% of surveyed Hispanic and non-Hispanic consumers continue to express concern about the socio-economic environment." Newlands stated that the company's beer business continued to outperform the total beverage industry, with Modelo Especial maintaining its position as the number one beer brand by dollars in the United States. He also discussed the company's decision to adjust its fiscal 2025 outlook for beer net sales growth to 4-7% and operating income growth to 9-12%, citing "near-term uncertainty on whether consumers will revert to more normalized spending behaviors." Newlands has highlighted several strategic initiatives, including repositioning Modelo Oro and Premier to target the high-end light beer consumer and investing in brands like Pacifico and Victoria. He stated that the company has "no intention whatsoever" to pull back on marketing spend and is instead "spending more than we ever have." Newlands also discussed the company's capital allocation, noting that Constellation returned over $900 million to shareholders through buybacks in fiscal 2026. In the Q4 2026 earnings call, Newlands announced his departure as CEO after seven years, stating that the company had grown its beer business from roughly 280 million cases to over 400 million cases and made Modelo Especial the number one selling beer brand by dollars in America. He welcomed incoming CEO Nicholas Frink, who he said "understands our business deeply."

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