NYSE:STZBeverage
Why Constellation Brands (STZ) Is Up 6.5% After Beating Q3 Estimates And Reaffirming Guidance
In its recently reported third quarter of fiscal 2026, Constellation Brands posted lower year-on-year sales and earnings, yet still exceeded analyst expectations and reaffirmed its full-year outlook while continuing dividends and share repurchases.
Despite pressures on beer volumes and softer spending by key Hispanic consumers, the company preserved strong beer margins and highlighted steady demand for core brands like Corona and Modelo Especial, underlining the resilience of its portfolio...