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(Reuters) - Brewer Constellation Brands (STZ) on Wednesday forecast fiscal 2026 profit below analysts' estimates, expecting steep levies imposed by the Trump administration to hit its beers and ...
Shares of the Corona beer maker fell about 4% in extended trading as it also lowered its medium-term projections for net sales. Sign up here. For the fiscal year 2026, it forecast adjusted profit ...
For the fiscal year 2026, it forecast adjusted profit per share in the range of $12.60 to $12.90, compared with estimates of ...
Net sales for the Beer segment remained flat Y/Y at $1.70 billion, and Wine and Spirits rose 11% Y/Y to $459.8 million. Shipment volume for Beer fell 1.8% Y/Y, while Wine and Spirits rose 3.5% Y/Y.
Constellation Brands CEO Bill Newlands warns of the impact to his company's business from the Trump administration's policies.
Modelo Especial and Corona seller Constellation Brands Inc. said concern among Hispanic consumers over inflation, immigration ...
FY26 EPS guidance: $12.60–$12.90 vs. $13.45 est., Beer sales seen flat to +3%; Wine & Spirits to decline 17–20%. Pelosi’s latest AI pick skyrocketed 169% in just one month. Click here to ...
Depletions, or shipments of Constellation Brand beer from distributors to retail customers, declined approximately 1%, largely driven by decreases in the Modelo Especial, Corona Extra and Modelo ...
Constellation Brands Inc (NYSE:STZ) reported fourth-quarter earnings on Wednesday. Its net sales grew 1% year over year (Y/Y) to $2.16 billion, beating the analyst consensus estimate of $2.13 billion.
Beer and wine maker Constellation Brands Inc., which sells beers like Corona and Modelo in the U.S., says that its Hispanic customers are feeling the squeeze amid what Chief Executive Bill ...
A lot of consumers in the Hispanic community are concerned about inflation and immigration issues, Constellation Brands’ CEO ...
Constellation Brands Inc., the company behind Modelo Especial and Corona beer, is watering down its supplier diversity program and renaming its DEI team. The Rochester, New York-based company will ...