Immigration crackdown having impact on beer sales for Modelo and Corona, CEO says

Immigration crackdown having impact on beer sales for Modelo and Corona, CEO says

The CEO of Constellation Brands said half of their US customers are Hispanic and that they’ve seen a drop in people going out to restaurants or gathering in large groups.

Beer CEO Begins Crying Liberal Tears About Trump

The CEO of a major beer company is now complaining that the Trump administration’s immigration enforcement is hurting beer sales in the Hispanic community. Constellation Brands CEO Bill Newlands, whose company makes Corona and Modelo beers, made the comments during an appearance on Yahoo Finance’s “Catalysts.” “Well, the consumer is concerned about a number of things… The pricing and costs of things, inflation,” he began. “They’re concerned abou…