The case of a beer model imported from Mexico, after the announcement of tariffs by US President Donald Trump on important items from Canada and Mexico, is seen on 3 February 2025 for sale at a grocery store in Arlington, Virginia.
Saul Loaib | AFP | Getty images
Constellation brand On Tuesday Quarterly earning reported And the revenue that recalls the estimates of analysts was weighed as tariffs on aluminum.
Nevertheless, the liquor maker repeated his forecast for FY 2026, showing that it can kill its financial goals despite a weak-to-additional performance and high tariffs.
The company’s shares fell over 1% in extended trading. Stock has shed over 20% of its value this year, inspired by concerns about how the high duties imposed by President Donald Trump will affect its demand for its beer.
Here’s what the company expected compared to Wall Street, based on a survey of analysts by LSEG:
- Income per share: $ 3.22 adjusted vs $ 3.31 expected
- Revenue: $ 2.52 billion vs $ 2.55 billion is expected
Nakshatra reported a year ago, $ 516.1 million, or $ 2.90 per share of net income, $ 2.90 per share, or $ 4.78 per share.
Except for objects, the liquor maker earned $ 3.22 per share.
Pure sales declined by 5.8% to $ 2.52 billion.
Reports covering the three months end on 31 May include Trump’s debut. Tariff on canned beer imports in early April. He increased trade duties on aluminum in mid -March and 50% in early June.
Imported beer and aluminum are important for the beer business of both constellations, which is about 80% of the company’s overall revenue. The berge portfolio of the planetarium includes only Mexican imports, such as Corona, Pacifico, and Modlow Espctive, which Carried out light light Two years ago as a top-gut beer brand in the US.
