Modelo Brewer Projects $20 Million Hit From Trump Tariffs This Fiscal Year -- WSJ

Dow Jones

Jul 02, 2025

By Haley Zimmerman

Modelo brewer Constellation Brands said it expects President Trump's new tariffs to increase its costs by $20 million this fiscal year.

The Trump administration's 50% tariff on steel and aluminum imports-including beer cans-took effect on June 4. Constellation, which imports Modelo, Corona and Pacifico beers from Mexico, said it wouldn't be able to fully offset the increased cost.

The company reported a 6% drop in sales in the latest quarter, citing a pullback in spending by Hispanic consumers, and trimmed its forecast for full-year earnings per share.

This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).

(END) Dow Jones Newswires

July 02, 2025 11:34 ET (15:34 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2548816607"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2548816607\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2548816607?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-07-02 23:34","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2548816607","market":"fut","top_or_hot":-1,"title":"Modelo Brewer Projects $20 Million Hit From Trump Tariffs This Fiscal Year -- WSJ","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n       By Haley Zimmerman \n</p>\n<p>\n     Modelo brewer <a href=\"https://laohu8.com/S/CEG\">Constellation</a> Brands said it expects President Trump's new tariffs to increase its costs by $20 million this fiscal year. \n</p>\n<p>\n     The Trump administration's 50% tariff on steel and aluminum imports-including beer cans-took effect on June 4. Constellation, which imports Modelo, Corona and Pacifico beers from Mexico, said it wouldn't be able to fully offset the increased cost. \n</p>\n<p>\n     The company reported a 6% drop in sales in the latest quarter, citing a pullback in spending by Hispanic consumers, and trimmed its forecast for full-year earnings per share. \n</p>\n<p>\n       This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage). \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 02, 2025 11:34 ET (15:34 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Modelo Brewer Projects $20 Million Hit From Trump Tariffs This Fiscal Year -- WSJ</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nModelo Brewer Projects $20 Million Hit From Trump Tariffs This Fiscal Year -- WSJ\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-07-02 23:34</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n       By Haley Zimmerman \n</p>\n<p>\n     Modelo brewer <a href=\"https://laohu8.com/S/CEG\">Constellation</a> Brands said it expects President Trump's new tariffs to increase its costs by $20 million this fiscal year. \n</p>\n<p>\n     The Trump administration's 50% tariff on steel and aluminum imports-including beer cans-took effect on June 4. Constellation, which imports Modelo, Corona and Pacifico beers from Mexico, said it wouldn't be able to fully offset the increased cost. \n</p>\n<p>\n     The company reported a 6% drop in sales in the latest quarter, citing a pullback in spending by Hispanic consumers, and trimmed its forecast for full-year earnings per share. \n</p>\n<p>\n       This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage). \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 02, 2025 11:34 ET (15:34 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CSTA.U","symbol_name":"Constellation Acquisition Corp I","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2548816607","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2548816607","pubTimestamp":1751470440,"columns":[{"name":"Policy And Regulatory","id":32,"label_key":"policyRegulatory"}],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Modelo brewer Constellation Brands said it expects President Trump's new tariffs to increase its costs by $20 million this fiscal year.The Trump administration's 50% tariff on steel and aluminum imports-including beer cans-took effect on June 4. Constellation, which imports Modelo, Corona and Pacifico beers from Mexico, said it wouldn't be able to fully offset the increased cost.The company reported a 6% drop in sales in the latest quarter, citing a pullback in spending by Hispanic consumers, and trimmed its forecast for full-year earnings per share.This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL .","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"CSTA.U":"Constellation Acquisition Corp I","BK4169":"酿酒商与葡萄酒商","LU2552382058.USD":"WELLINGTON US BRAND POWER \"A\" (USD) ACC","BK4588":"碎股","STZ":"星座品牌","BK4585":"ETF&股票定投概念","LU2552382132.HKD":"WELLINGTON US BRAND POWER \"A\" (HKD) ACC","BK4504":"桥水持仓","BK4559":"巴菲特持仓","LU2552382215.SGD":"WELLINGTON US BRAND POWER \"A\" (SGDHDG) ACC"},"translate_title":"Modelo Brewer预计本财年特朗普关税将造成2000万美元损失——《华尔街日报》","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CSTA.U":0.73,"STZ":0.9},"content_text":"By Haley Zimmerman \n\n\n     Modelo brewer Constellation Brands said it expects President Trump's new tariffs to increase its costs by $20 million this fiscal year. \n\n\n     The Trump administration's 50% tariff on steel and aluminum imports-including beer cans-took effect on June 4. Constellation, which imports Modelo, Corona and Pacifico beers from Mexico, said it wouldn't be able to fully offset the increased cost. \n\n\n     The company reported a 6% drop in sales in the latest quarter, citing a pullback in spending by Hispanic consumers, and trimmed its forecast for full-year earnings per share. \n\n\n       This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage). \n\n\n  (END) Dow Jones Newswires\n\n\n  July 02, 2025 11:34 ET (15:34 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"policyRegulatory","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}