Heineken raised fresh concerns about U.S. tariffs in its earnings report Wednesday, according to CNBC. The Dutch Brewer's earnings report warned that new U.S. tariffs on canned beer may require changes to its spending and investment plans. Heineken beat first-quarter revenue expectations and maintained its full-year guidance, though beer sales declined by over 2%. CEO Dolf van den Brink said weaker beer sales are expected due to inflation, poor consumer sentiment, currency fluctuations, and global tariff uncertainty.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02Heideken raised fresh concerns about U.S. tariffs in its earnings report Wednesday,
00:06according to CNBC. The Dutch Brewer's earnings report warned that new U.S. tariffs on canned
00:10beer may require changes to its spending and investment plans. Heideken beat first quarter
00:15revenue expectations and maintained its full-year guidance, though beer sales declined by over 2%.
00:21CEO Dolph van Denbrink said weaker beer sales are expected due to inflation, poor consumer
00:27sentiment, currency fluctuations, and global tariff uncertainty.
00:31For all things money, visit Benzinga.com slash GSTV.