Constellation Brands Anticipates Tariffs
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reciprocal tariffsCNBC
•Business
Business & Economics
Modelo owner Constellation Brands outlook disappoints as tariffs weigh on forecast

79% Informative
Constellation Brands gave a weaker-than-expected forecast for the fiscal year , anticipating that higher U.S. tariffs will hurt its business.
The company, which owns Modelo and Corona , also topped Wall Street's expectations for its quarterly earnings and revenue.
Last week , the Trump administration imposed a 25% tariff on all imported canned beer and empty aluminum cans, effective on April 4 .
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