In March 2025, the U.S. government imposed a 25% tariff on imported aluminum before raising levies to 50% in June. This creates new challenges for companies that depend on metal packaging, such as for companies that sell canned sodas and beers.
Constellation Brands (STZ), the $30.4 billion company behind big names like Corona, Modelo, and Kim Crawford, is feeling the pressure more than most. Constellation has dropped 35% from its 52-week high, falling behind the rest of the consumer defensive sector. The latest quarterly report revealed the significant impact of these tariffs, with revenue down 6% year-over-year to $2.52 billion.
