Tag: $Constellation Brands

Constellation Brands logged lower revenue in its latest quarter as demand for its beer, wine and spirits remains weak.

Alcohol heavyweight Constellation Brands will undergo a review of its organizational structuring that is expected to save the company more than $200 million by 2028.

Constellation Brands reported third quarter fiscal 2025 results that fell short of analyst expectations, leading to a 2.4% decline in its stock price premarket Friday. The company also lowered its full-year earnings guidance, citing subdued consumer spending.

Constellation Brands posted better-than-expected sales in its latest quarter as strength in its beer brands helped offset challenges faced among its wine portfolio.

Constellation Brands fell short on quarterly sales and slashed its fiscal-year outlook, cutting sales guidance for its wine and spirits business.

Constellation Brands   raised fiscal-year earnings expectations after reporting second-quarter profit and revenue that beat Wall Street estimates, driven by strength of the Modelo brand.

Canopy has struggled to make money and issued a going-concern warning last month.

Constellation Brands‘ earnings smashed Wall Street’s expectations as it reaffirmed its profit outlook for the year on Friday.

Modelo Especial has quietly overtaken Anheuser-Busch InBev’s Bud Light as the nation’s top-selling beer, punctuating the impact of a boycott that followed the brand’s controversial promotion by a transgender activist.