News
Constellation Brands, importer of Modelo and Corona beers, projects $20 million hit from tariffs
Constellation’s leading brands include Modelo, Corona and Pacifico beer, all of which are brewed in and imported from Mexico. While alcohol imports remain exempt from tariffs, beer packaged in aluminum is subject to the added tax. President Donald Trump initially imposed a 25% tariff on steel and aluminum, then doubled that to 50% last month.
Shares of Constellation Brands fell after hours on Tuesday after the beer and wine maker forecast better-than-expected ...
Constellation, which specializes in Mexican brews, has been coping with canned-beer tariffs that started in April.
Constellation Brands said its top sales states, with large Hispanic populations, saw subdued spending in the recent quarter.
Modelo Especial overtook Bud Light as the best-selling beer in the United States - and it never looked back as the gap has ...
On Tuesday, Rochester beverage giant Constellation Brands unveiled its first quarter report. In its report, the company says ...
Constellation Brands brews most of its beer in Mexico and sells it in the US. It has been compliant with the US-Mexico-Canada ...
Constellation Brands reported Q1 FY26 results with strong beer sales and a strategic wine portfolio shift, despite a 6% ...
We don’t expect a linear recovery among Hispanic consumers and see potential for choppiness in sentiment given ICE-related ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback