News
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.
Despite macroeconomic pressures, Constellation Brands Inc (STZ) remains confident in its growth outlook, driven by strategic ...
On Tuesday, Rochester beverage giant Constellation Brands unveiled its first quarter report. In its report, the company says ...
The consensus rating for Constellation Brands is Buy, derived from 18 analyst ratings. An average one-year price target of ...
Constellation Brands (STZ), the maker of Modelo and Corona beers, is raising concerns about the beverage sector. RBC Capital ...
Constellation Brands reported Q1 FY26 results with strong beer sales and a strategic wine portfolio shift, despite a 6% ...
Constellation Brands saw overall sales decline 4% organically to $2.5 billion in its fiscal first quarter ended in May, weighed down by slowing beer sales and large divestitures on the wine and ...
Constellation Brands (STZ), which makes Modelo and Corona beers, reported a first quarter earnings miss. The company ...
Results that may be inaccessible to you are currently showing.
Hide inaccessible results
Feedback