Mike Trivisonno

Mike Trivisonno

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Corona Beer Forecasting Worst Quarter In A Decade Thanks To Coronavirus

The Coronavirus could be a real crotch-kick for Corona beer.

Anheuser-Busch InBev is forecasting a 10% drop in sales, due in no small part to the virus with a similar-sounding name.

Because of diminishing demand in China in bars and with home drinkers, and the similar effects in Brazil, are all leading to the projected profit hit.

(Photo courtesy of Rodrigo Arangua AFP/Getty Images)

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