(Reuters) - Brewer Constellation Brands (STZ) on Wednesday forecast fiscal 2026 profit below analysts' estimates, expecting steep levies imposed by the Trump administration to hit its beers and ...

Net sales for the Beer segment remained flat Y/Y at $1.70 billion, and Wine and Spirits rose 11% Y/Y to $459.8 million. Shipment volume for Beer fell 1.8% Y/Y, while Wine and Spirits rose 3.5% Y/Y.

Constellation Brands, the U.S. importer of Modelo and Corona beer, is blaming more than tariffs for slowing beer sales—it’s pointing to immigration fears as well. Modelo, which overtook Bud ...