The company is focused on upholding its leadership position in the U.S. beer market, particularly in the high-end segment, and is continuing to grow its high-end imported beer brands through expanded distribution and capacity additions.

The company divested its craft beer businesses (Four Corners and Funky Buddha) and sold the Daleville Facility as part of its strategy to focus on high-end imported beer brands and exit the craft beer business.

The company acquired the Domaine Curry wine business to support its focus on consumer-led premiumization trends and meet the evolving needs of consumers in the luxury wine market.

The company has continued to focus on cost savings initiatives, particularly in the Beer segment, which has contributed to improved operating income.

The company has launched a multi-year Digital Business Acceleration initiative to drive results by enhancing technology capabilities in key areas, including DTC and 3-tier eCommerce channels.

The company has continued to focus on procurement and end-to-end supply chain planning, as well as introduced a new focus area, logistics, to support its strategic initiatives.

The company is dependent on its current Mexican breweries to fulfill production requirements for its Mexican beer brands, and expansion, optimization, and construction activities at these breweries are subject to regulatory and developmental risks.

The company's business is exposed to climate change, severe weather events, and natural disasters, which may affect agricultural productivity and increase costs. Additionally, the company faces increasing ESG regulatory compliance requirements.

The company relies on complex IT systems and third-party networks, which are subject to cyberattacks and security breaches, and the proliferation of AI technologies may intensify these risks.

The company is the #1 brewer and seller of imported beer in the U.S. market and the leader in the high-end segment, with Modelo Especial becoming the #1 beer brand in the U.S. in dollar sales.

The company competes with numerous multinational producers and distributors of beverage alcohol products, some of which have greater resources than the company.

The company has 7 of the top 15 share-gaining brands across the total beer category in the U.S. despite intense competition.

The company aims to reduce operational waste and enhance its use of returnable, recyclable, or renewable packaging, transitioning to recyclable paperboard for all applicable 4-pack and 6-pack SKUs across its beer portfolio.

The company has implemented plans to enhance its use of circular packaging and reduce waste across its wine and spirits portfolio, including activating 40 sustainable packaging projects in Fiscal 2024.

The company employs comprehensive water management practices at its Mexican breweries that focus on water efficiency and wastewater treatment operations to reuse water consumed as part of the production process.

The company's innovation strategy has evolved to introducing fewer new items which it believes will have the most success for its business, focusing on line extensions aligned with consumer-led premiumization and betterment trends.

The company has launched a multi-year Digital Business Acceleration initiative to drive results by enhancing technology capabilities in key areas.

The company has implemented a governance framework that includes policies and processes to address the use of AI technologies, primarily focused on generative AI, by its employees and third-party service providers.

The company plans to spend approximately $3 billion over Fiscal 2025 through Fiscal 2028 on expansion, optimization, and/or construction activities at its Mexican breweries.

The company has authorized share repurchases of up to $2.0 billion under the 2021 Authorization and an additional $2.0 billion under the 2023 Authorization.

The company's Board of Directors declared a quarterly cash dividend of $1.01 per share of Class A Stock and $0.91 per share of Class 1 Stock, payable in May 2024, and expects to return approximately $740 million to stockholders in Fiscal 2025 through cash dividends.

The company has developed targets to restore 5 billion gallons of water withdrawals, reduce Scope 1 and 2 GHG emissions by 15%, obtain TRUE Certification for Zero Waste to Landfill, and enhance circular packaging by Fiscal 2025.

The company is championing the professional development of women, enhancing economic development in disadvantaged communities, and fostering an inclusive workplace culture.

The company is ensuring the responsible promotion and marketing of its products and empowering adults to make responsible choices in their alcohol consumption.

The company is exposed to economic and other uncertainties associated with its international operations, as well as geopolitical tensions that could cause further inflationary pressures and supply chain disruptions.

The company is subject to changes in international trade agreements, treaties, tariffs, taxes, and other government rules and regulations, which could have a material adverse effect on its business.

The company's business is dependent on consumer consumption of its products, and a decline in consumption could occur due to various factors, including economic conditions, health concerns, and stricter regulations.