Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
Horoscope brandsThe importer of the US model and Corona beer blames more than the tariffs that slows beer sales – the fears of immigration.
Modelo, this Last year, he overwhelmed the Bud light For the first time, the first time the nation was the best-selling beer, for the first time, the first time modelon was reduced to reduce the demand among the Spanish consumers, which forms about half of the US customer base, reduced the constellation.
“This consumer’s concerns, issues and Setera, this is a great thing for us,” said CEO Bill Newlands Wall Street JournalIncreased fears that increase fears among Latino buyers in a stable awakening Immigration execution.
Many immigrants in major markets such as Southern California and Texas are afraid to move to larger chains to produce a small amount of retailers and immigration to the immigration to the opposite analysts and distributors in the Spanish neighborhoods.
Social meetings – typically a tower for beer sales also decreases
“At the moment, many consumers in Spanish society are very scary at the moment,” he said. “Social measures, which are usually a circumstances that consumer consumers enjoy beer, are currently reduced due to the main concern.”
Pressure comes as a constellation for financial impact of Trump’s newly applied tariffs, which is all imported beer and empty aluminum containers in force on April 4.
Although the Modelo, Corona and Kalaziko themselves are free from Mexican imports tariffs, they did not add to $ 1 billion to $ 1 billion in the company’s annual expenses.
According to The latest earnings reportThe beer portfolio of the signed signs of this Mexican was 78% of the net sales in the last quarter.
The company responded in the coming years by identifying earnings and sales forecasts and reduces the modest growth and medium-term worldview for FISCAL 2026, reducing 2-4% to 2-8%.
Constellation shares are 17% YTD, and even the company defeated Wall Street expectations for the latest quarterly earnings and recently a $ 1.24 billion in Warren Buffett’s Berkshire Hathaway.
In the upcoming months, when he threatened to push prices higher, Newlands says the threat is the impact of immigration to the Spanish community.
As the summer approaches – a very important season for beer sales brewers and distributors, “he lowered the hatches” and hopes that prices can be continuous until the return of consumer confidence.
This story was first displayed Fortune.com