Modelo and Corona sales drop amid Trump’s immigration crackdown

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Modelo and Corona sales drop amid Trump’s immigration crackdown | The IndependentNotifications can be managed in browser preferences.Jump to contentIndependentIndependent Bulletin homepageSocial PartnerWe are 8 logo (opens in a new tab)AllNewsSportCultureLifestyleRachel DobkinThursday 03 July 2025 00:30 BSTKristi Noem claims ICE detained a cannibalConstellation Brands, maker of Modelo and Corona beers, reported a two percent drop in beer sales during the second fiscal quarter of 2025.The company attributes the sales decline primarily to fears among Hispanic consumers regarding Immigration and Customs Enforcement (ICE) Deportation activities.CEO Bill Newlands stated that Hispanic customers, who account for about half of the company's beer sales, are reducing social occasions where beer is consumed due to these fears.Additional factors contributing to Constellation Brands' lower-than-expected earnings include tariffs on aluminum imposed by the Donald Trump administration.Other companies, such as Coca-Cola, have also reported sales declines partly due to weakening consumer sentiment among Hispanic consumers, linked to the administration's immigration crackdown.In fullMaker of top-selling Modelo and Corona beers says sales are struggling over ICE deportation fearsThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in