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Constellation Brands Profits Drop Amid Rising Costs

7/2/2025

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Summary

Story summary

Constellation Brands Inc. reported first-quarter profits that fell short of expectations amid declining consumer demand for alcoholic beverages.
Earnings, excluding certain items, reached $3.22 per share, missing analyst estimates by 10 cents.
A 25% tariff on imported aluminum cans raised costs, affecting beer margins, especially for brands like Modelo and Corona.
The company is grappling with rising production costs.

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Story summary

Constellation Brands Inc. reported first-quarter profits that fell short of expectations amid declining consumer demand for alcoholic beverages.
Earnings, excluding certain items, reached $3.22 per share, missing analyst estimates by 10 cents.
A 25% tariff on imported aluminum cans raised costs, affecting beer margins, especially for brands like Modelo and Corona.
The company is grappling with rising production costs.