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Constellation Brands Faces Headwinds as Beer Demand Weakens
Constellation Brands Faces Headwinds as Beer Demand Weakens
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BTCCSquare news:
Constellation Brands (STZ) shares dipped after Needham analyst Gerald Pascarelli flagged softening beer sales, citing poor weather and sluggish Hispanic consumer sentiment. The firm now projects Q1 EPS of $3.20, below consensus estimates of $3.37.
Modelo and Corona's parent company faces a challenging start to fiscal 2026, with Needham trimming full-year EPS forecasts. Market watchers await Q1 results next month for confirmation of these bearish trends.
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