Constellation cut 2026 sales outlook due to slowing consumer demand trends. High-end beer sales dropped 3.5% in July, hitting Hispanic markets hardest. Stock fell 8% pre-market, dragging shares of ...

But the beverage giant has managed to keep its revenue growing and investors content as its share price climbed 52% in the last year.

Constellation Brands issues a profit and sales warning, as beer buy rates have decelerated in the last several months Shares of Constellation Brands, parent of Corona and Modelo beer, sank to a ...