Constellation Brands misses top- and bottom-line FQ1 expectations as wine and spirit sales tumble

6 days ago 1
Corona Extra Bottle of Beer

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Led by a significant decline in sales of wine and spirits, Constellation Brands (NYSE:STZ) missed top- and bottom-line estimates for the first quarter but maintained its current FY26 EPS guidance, mitigating losses in after-hours trading.

Faced with softer consumer demand, the

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