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0.000147066774803966 0.000270343336036674 0.00151392268180575 0.00173019735063527 -0.00319005136523387 0.0076236820762368 0.00270343336036767 0.000621789672884459
Stock impact report

Corona and Modelo maker's CEO: Trump policies are impacting beer sales [Yahoo! Finance Canada]

Constellation Brands, Inc. (STZ) 
Last constellation brands, inc. earnings: 4/3 07:30 am Check Earnings Report
US:NYSE Investor Relations: cbrands.com/investors
"Well, the consumer is concerned about a number of things ... The pricing and costs of things, inflation. They're concerned about immigration, particularly consumers that have had friends or family who have been involved with issues around immigration. How that's translating is that people are spending less. They're out less in restaurants. They're spending less on consumer goods and consumables," Constellation Brands CEO Bill Newlands said on Yahoo Finance's Catalysts Newlands added, "Fortunately, beer is pretty far down the list, but there's an overall concern in that [Hispanic] community. Less social gatherings ... Those are beer moments. So for us, that creates a bit of a challenge." Constellation Brands is the maker of popular beers Corona and Modelo. The company's earnings this week shed light on its challenges. The company guided to fiscal year earnings of $12.60 to $12.90 a share, well below analyst estimates of $13.97 a share. The weak guidance reflects the impact of t Show less Read more
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