Constellation Brands' quarterly sales dip less than expected on steady beer demand
Core Viewpoint - Constellation Brands experienced a smaller-than-expected decline in second-quarter sales, supported by consistent demand for beer despite challenges faced by key Hispanic consumers due to the Trump administration's immigration policies [1] Company Summary - The second-quarter sales drop was less severe than anticipated, indicating resilience in the company's performance [1] - Steady demand for beer has been a significant factor in mitigating the sales decline [1] Industry Summary - The impact of immigration policies on Hispanic consumers may pose challenges for the broader beverage industry, particularly for companies reliant on this demographic [1]