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Stock impact report

Popular beer company laments Trump's America first agenda [FOX Business Network]

Constellation Brands, Inc. (STZ) 
Last constellation brands, inc. earnings: 4/3 07:30 am Check Earnings Report
US:NYSE Investor Relations: cbrands.com/investors
President Donald Trump's policies on tariffs and immigration have drawn the ire of Constellation Brands, a company best known for Mexican beer brands such as Modelo Especial and Corona. "The fact is a lot of consumers in the Hispanic community are concerned right now, two-thirds of them are concerned about higher prices on things like food, gas and other essentials. Over half are concerned relative to immigration issues and how those impact," Constellation CEO Bill Newlands said during the company's Q4 conference call last week. The comments come as Constellation grapples with a changing environment under the leadership of Trump, forcing the company to give a weaker-than-expected outlook for fiscal year 2026, which also comes after the company's sales fell 1% last quarter, it's first drop since acquiring Modelo, Corona and Pacifico in 2013, according to a report from the Wall Street Journal. About half of Constellation's beer sales are from Hispanic consumers, according to a re Show less Read more
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