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Constellation Brands, importer of Modelo and Corona beers, eyes $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.
For the three months ended in May, the company posted $2.52 billion in organic net sales, down 4% from a year ago.
Modelo Especial overtook Bud Light as the best-selling beer in the United States - and it never looked back as the gap has ...
Constellation Brands (STZ), the maker of Modelo and Corona beers, is raising concerns about the beverage sector. RBC Capital ...
Constellation also sells wine and craft spirits, but its beer business is the real money maker, accounting for roughly 80% of ...
The consensus rating for Constellation Brands is Buy, derived from 18 analyst ratings. An average one-year price target of ...
Constellation Brands (STZ), which makes Modelo and Corona beers, reported a first quarter earnings miss. The company ...
Widespread consumer weakness, including among its core Hispanic demographic, continued to weigh on sales of beer and wine.
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 ...
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