After a disastrous 2025, shares of beer giant Constellation Brands NYSE: STZ are starting 2026 off on a very positive note. To the chagrin of Berkshire Hathaway NYSE: BRK.B, Constellation Brands delivered a total return of -36% last year.
Constellation Brands Inc (NYSE:STZ) shares added more than 4% after the global alcohol producer and marketer's fiscal third quarter earnings topped analyst expectations despite declines in sales and operating income. The company posted net sales of $2.22 billion, down 10% from the prior year, while comparable net sales fell 2%.
Constellation Brands executives said on Thursday beer sales could remain volatile and under pressure as economic uncertainty and high unemployment among Hispanic consumers, its core customer base, continue to weigh on spending.
Constellation Brands Inc (NYSE:STZ) shares are up 4.2% to trade at $146.41 at last check, after beating profit and revenue estimates for the fiscal third quarter.
Corona maker Constellation Brands said that economic stress among its large segment of Hispanic consumers and a weaker construction market continued to weigh on beer demand.
Constellation Brands reported third-quarter sales and profit above Wall Street estimates on Wednesday, driven by steady demand for its Modelo Especial and Corona beer brands.
Kostenlos registrieren
aktien.guide ist das Tool zum einfachen Finden, Analysieren und Beobachten von Aktien. Lerne von erfolgreichen Investoren und triff fundierte Anlageentscheidungen. Wir machen Dich zum selbstbestimmten Investor.