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Constellation Brands Stock Is Plunging
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.
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.
7h
on MSN
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 ...
2d
on MSN
Tom Holland on Creating a Non-Alcoholic Beer Brand: 'I Was Craving a Product That Helped Me Feel Included'
Tom Holland designed his beer company with himself in mind. The Spider-Man star, 28, stopped drinking in January 2022 and ...
Seacoastonline.com
10d
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 ...
11d
on MSN
Is Tilray Brands (TLRY) the Best Brewery Stock to Buy According to Hedge Funds?
We recently published a list of 12 Best Brewery Stocks to Buy According to Hedge Funds. In this article, we are going to take ...
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