The executives of the brands of the special owner of Special Model, Constellation, said that Thorsday their sales have worked thanks to the repression of President Donald Trump against illegal immigration.
“The efforts to go to restaurants, to have social meetings, things that are many occasions in beer, have softened in the term more recently,” said the CEO of Constellation Brands, Bill Newlands.
The executive said that Latin clients, who represent half of the client base of the beer brand, have limited social meetings, which Newlands said they often include beer consumption.
LOOK – The sanctuary lawyer freezes when asked if illegal immigration is legal:
The beer executive said the company’s research has shown that Hispanic customers have felt the impact of jobs loss in industries with a higher Latin job than coverage.
Andrea Teixeira, an analyst at JP Morgan, said: “We believe that the rapid change in the tone/perspective reflects at least partially the probable reality that the company was benefiting in recent years of the loose immigration policy.”
Constellation Brands seems to be personally invested in the American immigration policy.
The owner of Model is a “direct partner” with United Us, which supports the amnesty for illegal foreigners and is involved in the defense of immigration policies.
Newlands with Senator Dick Durbin (D-il), a firm defender of the amnesty, in September 2024, in the heat of the presidential elections.
“It was a great meeting with Bill Newlands, CEO Constellation Brands. We discussed the need for immigration reform and plans to fight high prices of supermarkets,” Durbin wrote.
As President Donald Trump has asked the country to restart companies and the manufacture of the United States, Constellation Brands announced in his more recently gain call that he would open a third brewery in Mexico, not in the United States.
“Fourth, in that context, we are aiming to deliver approximately $ 9 billion in the flow of operational cash from fiscal year ’26 to ’28, and approximately $ 6 billion in free cash flow as we continue to invest mainly in the modular development of our third brewery, Veracruz, and modular addition in our existing facilities in Mexico in Mexico”, the call of quarterly gains more recently recently recently recently recently recently.
Sean Moran is Breitbart News policies reporter. Follow it in x @Seanmoran3.
