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Constellation Brands adds market share in the U.S. amid 'overall subdued' spending backdrop
Constellation Brands (NYSE:STZ) traded lower in premarket action on Friday after falling short of consensus estimates with its FQ3 earnings report. Revenue was down 0.4% year-over-year for the quarter that ended on November 30 to miss the consensus estimate by $70 million.
Beer Maker Constellation Brands' Q3 Sales Hit By Subdued Spending; Stock Slides
Constellation Brands Inc (NYSE:STZ) shares are trading lower after the company reported nearly flat third-quarter sales of $2.46 billion, missing the analyst consensus estimate of $2.53 billion. Net sales for the Beer segment increased 3% Y/Y to $2.
Constellation Brands’ stock slides as CEO cites ‘uncertainty’ about consumer spending
The parent of the Modelo and Corona beer brands lowered its 2025 outlook, despite third-quarter profit growth.
Constellation Brands CEO says continued to face ‘subdued spend’ in Q3
CEO Bill Newlands said, “While we continue to face the subdues spend and value seeking behaviors that emerged among legal drinking age
1d
on MSN
UN predicts world economic growth at subdued 2.8% in 2025
The world economy resisted battering by conflicts and inflation last year and is expected to grow a subdued 2.8% in 2025, the ...
8d
UAE stocks subdued as investors lock in profits
Stock markets in the United Arab Emirates were subdued on Friday, with Dubai's index retreating due to profit-taking and a ...
9d
Olin: Shares Are Cheap Even With Subdued Results (Rating Upgrade)
We believe Olin shares are a strong buy in 2025, with potential for significant return, despite challenges in Chinese demand ...
9d
on MSN
Subdued U.K. Retail Footfall Over Christmas Period Caps Disappointing 2024, Report Says
U.K. retail footfall remained subdued in December, dragged by a lackluster key festive season and closing the second consecutive year of decline in shop visits.
5d
on MSN
Trump’s presidential comeback certified by Congress in subdued Jan. 6 session
Congress certified President-elect Donald Trump’s electoral win on Monday in a drama-free joint session that cemented the ...
1d
How Satwiksairaj Rankireddy-Chirag Shetty subdued fiery Malaysian pair, despite unconcomfortable tactics and hostile home crowd
The pair exuded sweeping aggression, symbolised by Satwik’s Bumrah-like yorker-smash, and persistence, to see off Ong-Teo ...
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