Constellation Brands slashes the fiscal 2025 guidance on soft demand trends in the Wine and Spirits business due to tough macroeconomic conditions, particularly unemployment.
Constellation Brands (STZ) raised the lower end of its outlook for fiscal 2025 adjusted earnings Tuesday, ahead of its second-quarter results due early next month.
Constellation Brands nearly halved its yearly earnings outlook on weak US wine demand as consumers pull back on non-essentials amid sticky inflation.
Constellation Brands, Inc. (NYSE:STZ ) Barclays 17th Annual Global Consumer Staples Conference September 3, 2024 11:15 AM ET Company Participants Bill Newlands - President and Chief Executive Officer

Cramer's Mad Dash: Constellation

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CNBC's Jim Cramer delivers his daily Mad Dash.
The alcoholic-beverages maker plans to take a goodwill impairment loss in its wine and spirits business of up to $2.5 billion.
Updates reported EPS guidance to $3.05 - $7.92 and raises lower-end of comparable EPS guidance to  $13.60 - $13.80, affirming double-digit comparable EPS growth expectation (1)
ROCHESTER, N.Y., Aug. 29, 2024 (GLOBE NEWSWIRE) -- Constellation Brands, Inc. (NYSE: STZ), a leading beverage alcohol company, announced today it will report financial results for its second quarter e
The Investment Committee discuss the latest Calls Of The Day.
ROCHESTER, N.Y., Aug. 23, 2024 (GLOBE NEWSWIRE) -- Constellation Brands, Inc. (NYSE: STZ), a leading beverage alcohol company, announced today that Bill Newlands, President and Chief Executive Officer
Backed by the strength in the beer business, Constellation Brands (STZ) is on track to invest in the next phase of capacity expansion in Mexico.
Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.
Consumer stocks are in an interesting position. Numerous consumer discretionary stocks have been oversold amid growing economic uncertainty, while consumer defensive stocks are defensive plays that ca
Visibility into Online & In-Store Channels Helps Contribute to Agility in Changing Market Visibility into Online & In-Store Channels Helps Contribute to Agility in Changing Market

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