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Constellation Brands Stock Is Plunging

Hosted on MSN · 1d

Modelo Beer Maker Constellation Brands’ Stock Plummets on Lowered Growth Forecast

Key Takeaways Constellation Brands shares plunged Friday, after the maker of beer, wine, and spirits cut its outlook as consumers held back spending.CEO Bill Newlands said it was uncertain when consumers will revert to more normal spending.

Beer Maker Constellation Brands' Q3 Sales Hit By Subdued Spending; Stock Slides

Constellation Brands Inc (NYSE:STZ) shares are trading lower after the company reported nearly flat third-quarter sales of $2.46 billion, missing the analyst consensus estimate of $2.53 billion. Net sales for the Beer segment increased 3% Y/Y to $2.

MarketWatch on MSN · 1d

Constellation Brands’ stock slides as CEO cites ‘uncertainty’ about consumer spending

The parent of the Modelo and Corona beer brands lowered its 2025 outlook, despite third-quarter profit growth.

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Corona beer owner flags a startling shift in consumer behavior

Constellation Brands (STZ.B) , which owns popular beer brands such as Corona and Modelo, has just shared a grim outlook on ...

Seacoastonline.com10d

Smuttynose, Harpoon brewing companies merge, bringing beer brands together

Smuttynose, Harpoon parent companies merging, will operate breweries in Hampton, Worcester, Boston and more locations in Mass ...

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