Brewer and spirit stocks suffered steep losses on Friday after Constellation Brands (STZ) warned of “subdued” spending and ...
(Reuters) - Corona and Modelo owner Constellation Brands cut its annual sales forecast on Friday as persistently sticky ...
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Constellation Brands Inc (NYSE:STZ) shares are trading lower after the company reported nearly flat third-quarter sales of $2 ...
Constellation Brands Inc is a leading beverage company, known for its wide range of beer, wine, and spirits. With popular beer brands like Corona and Modelo, and wine and spirits labels such as ...
Constellation Brands, the producer of Modelo and Corona, lost about $450 million in market capitalization as shares for ...
--ADJUSTED EARNINGS: Stripping out one-time items, Constellation Brands is forecast to post adjusted earnings of $3.31 a share, according to FactSet. --REVENUE: The company is anticipated to post ...
After all, the Mexican brands that make up Constellation’s beer business accounted for 82% of the company’s net sales in its fiscal year ended in February 2024.
Constellation Brands has diversified ... and expanded into low-alcohol and non-alcoholic beverages to meet changing consumer preferences. The company is also enhancing digital marketing, e ...
Alcohol companies like Heineken, Constellation Brands, and AB InBev have been preparing for a customer culture shift toward ...