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17 October 2024

Constellation Brands not worried by higher tariffs if Trump wins

USA | It is not the typical growth investors are accustomed to see at Constellation Brands. In the second quarter 2025 (ended 31 August), revenue was up only 2.9 percent to USD 2.9 billion year-on-year. Its beer business achieved a solid 6 percent net sales increase, but its depletion volume had a growth of just 2.4 percent. Investors, on 3 October, thought these were softer quarterly results than usual for Constellation’s beer business.

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