Constellation Brands Faces Headwinds as Beer Demand Weakens
Constellation Brands (STZ) shares dipped after Needham analyst Gerald Pascarelli flagged softening beer sales, citing poor weather and sluggish Hispanic consumer sentiment. The firm now projects Q1 EPS of $3.20, below consensus estimates of $3.37.
Modelo and Corona's parent company faces a challenging start to fiscal 2026, with Needham trimming full-year EPS forecasts. Market watchers await Q1 results next month for confirmation of these bearish trends.
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