Hispanic Consumers Buy Less Beer
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Hispanic consumerCNBC
•Business
Business & Economics
Trump's immigration policy is weighing on beer sales, Constellation Brands CEO says
74% Informative
Roughly half of Constellation 's beer sales come from Hispanic consumers.
President Donald Trump 's hardline immigration stance is hurting the company's sales.
Hispanic consumers in the U.S. have pulled back their spending on restaurants, clothing and travel, CEO Bill Newlands said.