US EditionConstellation Brands reiterates lower full-year guidance
Constellation Brands' fiscal Q2 sales fell 15%, but beat estimates; company cites immigration policy and tariffs for lowered 2026 guidance with organic net sales down 4% to 6%.
- On Monday, Constellation Brands reported a smaller-than-expected drop in second-quarter sales and reiterated its lowered full-year guidance after last month's sharp cut.
- Constellation Brands said weaker spending among Hispanic consumers reflects concerns about U.S. President Donald Trump's immigration policy, while rising aluminum-can tariffs and weak demand squeeze margins.
- Quarterly data revealed adjusted EPS of $3.63 and revenue of $2.48 billion, with CEO Bill Newlands saying 'while we continue to navigate a challenging socioeconomic environment'.
- Shares of Constellation Brands, which have lost 37% this year, moved in volatile trading and were up about 4% in extended trading after BNP Paribas Exane downgraded the stock to underperform with a $123 price target.
- The company reiterated it expects an organic net sales decline of 4% to 6% for fiscal 2026 and will hold an analyst call at 8 a.m. ET tomorrow.
15 Articles
15 Articles
Constellation Brands’ Star Dims as Inflation Chokes Consumers' Beer Budgets
Shareholders were expecting to pour one out for Constellation Brands ahead of its second-quarter earnings report on Monday. Instead, they may have found enough reason to raise a glass. That’s because the maker of Corona and Modelo managed to ever-so-slightly beat expectations amid a broader downturn in the alcohol market. Still, there are plenty of reasons to see the pint glass as half-empty. Drinks? In This Economy? 2025 has delivered a triple-…
Constellation Brands Reports Second Quarter Fiscal 2026 Financial Results
ROCHESTER, N.Y., Oct. 06, 2025 (GLOBE NEWSWIRE) -- Constellation Brands, Inc. (NYSE: STZ), a leading beverage alcohol company, reported today its second quarter fiscal 2026 financial results. A conference call to discuss the financial results and outlook will be hosted…
Why Constellation Brands Lost 17% in September @themotleyfool #stocks $STZ
Key PointsConstellation slashed its guidance for the full year.Beer consumption trends are facing multiple headwinds.Constellation is still gaining market share. 10 stocks we like better than Constellation Brands › Shares of Constellation Brands (NYSE: STZ) were among the losers last month after the domestic seller of Corona and Modelo cut its guidance for fiscal 2026 at the beginning of the month. Like other alcohol stocks, Constellation has be…
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