Dossier
Constellation Brands
Coverage of Constellation Brands in the Nexus archive.
- Constellation Brands posted lower revenue but beat estimates as beer demand softened
Constellation Brands reported lower revenue of $2.43 billion for the quarter ended May 31, but exceeded adjusted earnings estimates at $3.43 per share. The company attributed the revenue decline to softened beer demand.
- Modelo Owner Constellation Gives Softer-Than-Expected Outlook
Constellation Brands, the owner of Modelo, has issued a more cautious outlook than anticipated, indicating potential challenges in its business performance. The revised outlook suggests lower growth expectations compared to previous forecasts.