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Cases of Mexican beer can be seen in the supermarket in Houston, Texas, 15. July 2025.
Ronaldo Schemidt | AFP | Getti images
Constellation Brands On Tuesday, he reduced his full fiscal year, saying that the “challenging” economy strikes his sales alcohol.
Company, home of popular marks like models and corona, previously said In April, greater American tariffs on beer will influence its sales and overall consumer demand. The constellations on Tuesday decreased comparable earnings per share appearance for their fiscal 2026 to the range of $ 11.30 to $ 11.60, from $ 12.60 to $ 12.90.
Stock fell about 8% before the bell. The constellation is set to participate in Barclays Conference Global Consumer Staples later on Tuesday.
“We continue to move with a challenging macroeconomic environment that has been drained by consumer demand and led to a more voluntary consumer purchase behavior than our first quarter of Fiscal 2026. Year,” said the Director General of Billand. “During the last few months, speeds buy beers at the peak of displaced sequentially, as well as travel frequency and spent on the trip.”
The constellations predicts that the sale of organic net will fall 4% to 6%, down from the previous expectation of 1% growth of 2%. This metric turns off the brand brand of Swedish Vodka and the wine marks that the company sold.
The company expects the net sales of beer to fall 2% to 4% due to lower quantities and additional tariff impacts. The sale of the sale from the apartment is previously provided for up to 3%. The constellation also reduces its free cash flow flow with 1.5 to 1.6 billion dollars at 1.3 to 1.4 billion dollars.
“We remain decisively focused on continuing our strategic goals, including gaining driving distribution, disciplined innovation and investment behind our brands,” newborns announced. “
He also pointed to lower Latin American consumers demand, the trend of the company has seen several months. Novalands has been added That the highest sales of beer for the population is “more pronounced from general markets decreases”.
Brewery previously said The return caused the concern of Latin American consumers about the immigration policies of President Donald Trump and potential job losses. The constellation had said Latin American consumers make up at American sales of beer.
The company has spread to compensate for its losses. In April, he announced that he asked his portfolio excluding the “mainstream” of wine. The constellation also authorized the purchase program, which said at $ 604 million in the first half of the fiscal year under his three-year $ 4 billion to redemption of proportion.