CONSTELLATION BRANDS, INC.
CONSTELLATION BRANDS, INC. (STZ) Stock News
The latest STZ headlines and market coverage — 2 recent stories, updated throughout the day.
- Zacks Investment Research·
STZ Q2 Earnings Call Highlights Improving Demand and Outlook
Constellation Brands (STZ) reaffirmed its fiscal 2027 EPS guidance of $11.20-$11.90 during its Q2 earnings call, citing improving September beer demand, stronger marketing execution, and healthier distributor inventories. The company beat earnings expectations ($3.74 vs. $3.62 consensus) and revenue estimates ($2.63B vs. $2.57B consensus). While Pacifico and Victoria showed strong growth (20% and mid-teens respectively), Modelo and Corona faced headwinds. Management projects second-half beer margins of 34.5%-35.5% amid higher marketing costs and seasonal weakness.
- Zacks Investment Research·Neutral
Constellation Brands (STZ) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
Constellation Brands reported Q2 revenue of $2.63 billion, up 6.1% year-over-year and beating consensus estimates by 2.46%. EPS of $3.74 exceeded the $3.62 estimate by 3.32%. Wine and Spirits sales surged 17.2% while Beer sales grew 5.5%. However, the stock has declined 11.6% over the past month and carries a Zacks Rank #3 (Hold) rating.