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Constellation Brands, which sells Corona and Modelo beers, generated lower sales but maintained its free cash flow guidance.
Jefferies upgraded Constellation Brands (NYSE:STZ) to a Buy rating after having it set at Hold. Analyst Kaumil Gajrawala said ...
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For the three months ended in May, the company posted $2.52 billion in organic net sales, down 4% from a year ago.
Widespread consumer weakness, including among its core Hispanic demographic, continued to weigh on sales of beer and wine.
Constellation’s leading brands include Modelo, Corona and Pacifico beer, all of which are brewed in and imported from Mexico.
The consensus rating for Constellation Brands is Buy, derived from 18 analyst ratings. An average one-year price target of ...
As for all businesses navigating tariffs, Constellation Brands’ highlights that the uncertainty makes it difficult to predict ...
The company's beer business, its largest revenue contributor, reported a 2.6% decline in quarterly depletion volume — the ...