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Constellation Brands Faces Headwinds as Beer Demand Weakens

Constellation Brands Faces Headwinds as Beer Demand Weakens

Global Cryptocurrency
Release Time:
2025-06-25 16:24:03
0
BTCCSquare news:

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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