Constellation Brands stock tumbled Friday after the distributor of Mexican lager reported a sales and earnings miss for its fiscal third quarter and cut its guidance.Shares declined 8.5% after Constellation Brands reported net sales of $2.

Shares of Constellation Brands Inc. Cl A STZ tumbled 17.09% to $181.81 Friday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index SPX falling 1.54% to 5,827.04 and Dow Jones Industrial Average DJIA falling 1.63% to 41,938.45.

Constellation Brands (STZ) reports lower-than-expected earnings, citing subdued consumer spending. Beer sales up, wine and spirits down.