Modelo box, a beer imported from Mexico, is seen for sale in a grocery store in Arlington, Virginia, on February 3, 2025, following the announcement of US President Donald Trump on important goods from Canada and Mexico.
Saul Loeb | AFP | Getty images
Constellation brands Wednesday, gave a lower perspective than expected for its 2026 exercise and reduced its forecasts in the medium term because it faces higher American prices on most of its beer.
The owner of Modelo has also exceeded the estimates of Wall Street for his profits and his revenues from the fourth quarter of exercise 2025, but his quarterly performance took the back of his perspectives.
Last week, the Trump administration Slaughter a 25% price on the entire canned beer imported and empty aluminum cans, in force on April 4. While President Donald Trump Earlier Wednesday said supposedly reciprocal prices on countries excluding China would fall at 10% During the next 90 days, temporary reduction does not apply to sectoral tasks, such as aluminum.
The constellation matters all its beer from Mexico. Its beer portfolio, which includes Modelo, Corona and Pacifico, represented 78% of the company's net sales during the quarter.
On Wednesday, the company also announced that it planned to reposition its portfolio in disinvesting “traditional” wines and focusing on brands that assess their bottles at $ 15. In December, the company sold its Brand de Vodka witness to Sazerac. The two movements come while the segment of wine and spirits of society had trouble for several quarters.
The actions of the company fell 3% of prolonged exchanges. Constellation shares increased 7% on Wednesday afternoon after Trump announced the change in his commercial plans.
Here is what the company declared in relation to what Wall Street was expecting, on the basis of a survey of LSEG analysts:
- Profit per share: $ 2.63 adjusted vs $ 2.28 expected
- Income: $ 2.16 billion compared to $ 2.13 billion expected
For financial year 2026, the constellation provides for a comparable profit in a range of $ 12.60 to $ 12.90, well below Wall Street estimates of $ 13.97 per share. The company provides that organic net sales range from the decrease of 2% up 1%. Beer sales, which explain most of his business, range from 3%, depending on the prospects of the company's exercise in 2026.
The constellation has also lowered its medium -term prospects for the year 2027 and 2028. It now provides that business sales will increase between 2% and 4%, against its previous estimate of growth between 6% and 8%.
The company also plans to reduce its capital expenses during the year 2027 and 2028, compared to its preliminary prospects to spend $ 5 billion in the year 2024 at the financial year 2028. The constellation now provides that its capital expenses will decrease by 40% year to the year during the year 2027 and 35% in the following financial year.
