The clouds hanging over Constellation’s beer business
For months, the US government’s immigration policy has particularly affected a core constituency of Constellation Brands’ beer drinkers – Hispanic consumers – and it’s clear the Modelo and Pacifico brewer is feeling the impact. Newlands took to the stage at the Barclays Global Consumer Staples event...
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| Published in | just - drinks global news |
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| Main Author | |
| Format | Newsletter |
| Language | English |
| Published |
London
GlobalData plc
08.09.2025
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| Subjects | |
| Online Access | Get full text |
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| Abstract | For months, the US government’s immigration policy has particularly affected a core constituency of Constellation Brands’ beer drinkers – Hispanic consumers – and it’s clear the Modelo and Pacifico brewer is feeling the impact. Newlands took to the stage at the Barclays Global Consumer Staples event after Constellation Brands cut its earnings forecast and projected a fall in annual beer sales. [...]TD Cowen analyst Robert Moskow said Constellation Brands’ cut to its guidance reduction exceeded the bank’s expectations and “reinforced the cautious view” he has “about velocity declines in beer offsetting the benefits of expanding distribution”. |
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| AbstractList | For months, the US government’s immigration policy has particularly affected a core constituency of Constellation Brands’ beer drinkers – Hispanic consumers – and it’s clear the Modelo and Pacifico brewer is feeling the impact. Newlands took to the stage at the Barclays Global Consumer Staples event after Constellation Brands cut its earnings forecast and projected a fall in annual beer sales. [...]TD Cowen analyst Robert Moskow said Constellation Brands’ cut to its guidance reduction exceeded the bank’s expectations and “reinforced the cautious view” he has “about velocity declines in beer offsetting the benefits of expanding distribution”. |
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| Snippet | For months, the US government’s immigration policy has particularly affected a core constituency of Constellation Brands’ beer drinkers – Hispanic consumers –... |
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| Title | The clouds hanging over Constellation’s beer business |
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