Constellation Brands reported a flat sales year-over-year for Q3, totaling $2.46 billion, below analyst expectations. While the Beer segment saw a 3% sales increase, the Wine and Spirits segment dropped by 14%.
As uncertainty looms around potential new tariffs, the brewer’s CEO expressed optimism about the outlook for Modelo, Corona and Pacifico.
Roth MKM lowered the firm’s price target on Constellation Brands (STZ) to $284 from $298 and keeps a Buy rating on the shares after its Q3
Constellation stock is a cautious buy, given the current valuation and long-term potential. Click here to find out why I rate STZ stock a Buy.
Beer, wine, and spirits company Constellation Brands (NYSE:STZ) will be reporting earnings tomorrow before market open. Here’s what investors should know. Constellation Brands missed analysts ...
Alcohol maker Constellation Brands said lower sales of its struggling wine and spirits business continued to hit its results in its fiscal third quarter, as it cut its outlook for the year.
It's been a mediocre week for Constellation Brands, Inc. (NYSE:STZ) shareholders, with the stock dropping 17% to US$186 in the week since its latest quarterly results. Constellation Brands missed ...
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.