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Constellation Brands (STZ) Q1 2026 earnings

Model Case, a beer imported from Mexico, is seen in a grocery store in Virginia, Virginia on February 3, 2025 after the announcement of tariffs about important goods from Canada and Mexico by US President Donald Trump.

Saul Loeb | AFP | Getty Images

Constellation brands Tuesday The earnings reported every three months And he hosted the income profitability of analysts as aluminum tariffs.

Nevertheless, the beer manufacturer reiterated the Mali 2026 estimation and showed confidence that he could achieve his financial goals despite the weaker three -month performance than expected and higher tariffs.

The company’s shares fell less than 1% in the extended transaction. The stock has increased more than 20% of its value, caused by concerns about how the higher tasks assigned by President Donald Trump will affect the demand for beer.

Based on a survey of LSEG’s analysts, the company’s Wall Street expects what is reported in compared to:

  • Earning per share: $ 3.22 corrected and expected $ 3.31
  • Income: $ 2.52 billion and $ 2.55 billion expected

The report, which ended on May 31st, includes the beginning of Trump’s tariffs at canteen imports in early April. It also increased its trade duties in aluminum to 25% in mid -March and 50% in early June.

Both imported beer and aluminum are very important for the beer job of Constallion, which constitutes approximately 80% of the company’s total income. Constellation’s beer portfolio contains Mexican imports such as Corona, Pacifico and Modelo Especial, which has surpassed Bud Light as the best -selling beer brand in the USA just two years ago.

Constellation fell a year ago from $ 877 million or $ 4.78 per share, reporting a net revenue of $ 516.1 million or $ 2.90 per share. Constellation’s operating margin fell 150 basis points or 1.5%in the quarter, which is partially directed at higher aluminum costs.

Except for products, Brewer won $ 3.22 per share.

Net sales decreased by 5.8% to $ 2.52 billion and fed because of the weaker demand for beer and the company to disposal Svedka Vodka.

CEO Bill Newlands said that the constellation is still facing a softer consumer demand. Weak sales attributed to “non -structural socioeconomic factors”. Constellation’s beer business saw that the shipment volumes caused by weaker consumer demand fell by 3.3%.

In the last quarter, Newlands said Spanish consumers have bought the company’s beer less because of Trump’s fears of migration policy. According to the company, approximately half of Constellation’s beer sales come from Spanish consumers.

Constelum executives are expected to comment more about the quarter during the conference meeting of the company at 10:30 on Wednesday.

For the financial year of 2026, Constellation continues to wait for $ 12.60 to $ 12.90. The company predicts that organic net sales will vary from 2% to 1%.

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