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Corona, Modelo brewer takes double whammy as Trump tariffs squeeze margins — and ICE crackdown slams sales
Constellation also sells wine and craft spirits, but its beer business is the real money maker, accounting for roughly 80% of ...
Tariffs and weaker beer demand are weighing on Modelo owner Constellation Brands
Constellation Brands on Tuesday reported quarterly earnings and revenue that missed analysts’ estimates as beer demand slid ...
Maker of top-selling Modelo and Corona beers says sales are struggling over ICE deportation fears
Maker of top-selling Modelo and Corona beers says sales are struggling over ICE deportation fears - The company’s beer sales ...
Modelo Brewer Projects $20 Million Hit From Trump Tariffs This Fiscal Year
Modelo brewer Constellation Brands said it expects President Trump’s new tariffs to increase its costs by $20 million this fiscal year. The Trump administration’s [50% tariff]( ...