Morgan Stanley Wealth Management Cio Lisa Shalett analyzes how the stock market is responding to rates about ‘Round Table of Barron’.
President Donald Trump’s Rate and immigration policies have attracted the wrath of Constellation Brands, a better known company for Mexican beer brands as a special model and crown.
“The fact is that many consumers in the Hispanic community are concerned at this time, two thirds of them are concerned about the highest prices in things such as food, gases and other essential elements. More than half are concerned in relation to immigration problems and how those impact,” said the CEO of Constellation, Bill Newlands, during the company’s conference company in the third year of the company last week.
The comments occur when Constellation fights with a changing environment under Trump’s leadership, which forces the company to give a weaker perspective of what was expected for fiscal year 2026, which also occurs after the sales of the company fell 1% the last quarter, it is the first fall since it acquired a model, crown and peaceful Wall Street Journal.
Constellation argued that President Donald Trump’s policies have been bad for their results. (Getty)
Around half of constellation beer sales are of Hispanic consumers, according to a CNBC reportWith the demography that represents 78% of its total income the last quarter.
At the Telefónica Conference and in an interview with the Wall Street Journal, Newlands attributed much of the thorny perspective of concerns in the Hispanic community about Trump’s policies.
“If that consumer has concerns, problems, etc., that is a big problem for us,” the CEO told the Wall Street Journal.
Model has become one of the most popular beer brands in the United States in recent years. (Illustration by Mario Tama / Getty Images)
China refuses to retreat tariffs after Trump threatened harder measures
The Wall Street Journal report indicated that many immigrants in South of California And Texas has begun to avoid liquor shops, where they are often forced to show identification. Many people have stopped buying in supermarkets after 6 pm, hoping to avoid immigration raids.
Trump’s tariffs have also damping the company’s perspective, especially by increasing the cost of importing their most popular beers in Mexico to the United States.
While model, Corona and Pacifico are exempt from the 25% rate of the Trump administration on Mexican imports, the company cannot dodge the 25% tariff on aluminum when it comes to its imports of canned beer.
Two years ago, Constellation benefited from Increased model sales Following a Bud Light boycott for an advertising campaign of the influential transgender Dylan Mulvaney.
Model beat Bud Light in the summer of 2023 to become the best -selling beer brand of the nation.
In February 2024, the then Trump winding said in a social publication of the truth he thought Bud Light was a “Great American brand” that could deserve a “second chance”, and added that the Anheuser-Busch brewery was not a “awakening company.”
President Donald Trump’s rates on aluminum could mean higher costs for CAN drinks, a cost that could be transmitted to consumers in the beer hall. (Kevin Dietsch / Getty Images)
Click here to read more on Fox Business
However, Newlands gave an optimistic tone during the company’s recent profit call.
“In a difficult socio -economic environment, we are taking decisive actions designed to continue supporting our Leading beer business in the industry“Newlands said.
Constellation did not respond to a request for comments from Fox Business through the publication deadline.
