Constellation Brands faces challenges including tariffs, declining wine and spirits sales, and a shift towards healthier lifestyles, impacting overall revenue and growth projections. Despite these headwinds, the company's beer brands remain strong, with management focusing on cost savings, share buybacks, and potential price increases to mitigate risks. Management's guidance for fiscal 2025 and 2026 suggests moderate growth, but tariff uncertainties and economic pressures on lower-end consumers pose significant risks.
Constellation Brands + Constellation Brands; also tag STZ + (+0.00%)
David Wagner, Aptus Capital Advisors equity analyst and portfolio manager, joins 'Power Lunch' to deliver his investing take on three stocks: Constellation Brands, Walgreens, and United Airlines.
Constellation Brands posts a y/y sales decline in third-quarter fiscal 2025 due to softness in the wine and spirits segment.
Constellation Brands, Inc. (NYSE:STZ ) Q3 2025 Earnings Conference Call January 10, 2024 10:30 AM ET Company Participants Joe Suarez - Vice President, Investor Relations Bill Newlands - Chief Executive Officer Garth Hankinson - Chief Financial Officer Conference Call Participants Dara Mohsenian - Morgan Stanley Kaumil Gajrawala - Jefferies Bonnie Herzog - Goldman Sachs Lauren Lieberman - Barclays Bryan Spillane - Bank of America Rob Ottenstein - Evercore Andrea Teixeira - JPMorgan Filippo Falorni - Citi Robert Moskow - TD Cowen Peter Grom - UBS Steve Powers - Deutsche Bank Operator Hello, and welcome to the Constellation Brands' Q3 Fiscal Year 2025 Earnings Call. At this time all participants' are in a listen-only mode.
Constellation Brands (STZ) shares plunged Friday, after the maker of beer, wine, and spirits cut its outlook as consumers held back spending.
Constellation Brands Inc (NYSE:STZ) shares plummeted 13% on Friday morning after the US drinks maker cut its growth outlook for the second time this fiscal year. The company reported weaker-than-expected Q3 earnings, citing sluggish consumer demand for its beer and wine products.
Although the revenue and EPS for Constellation Brands (STZ) give a sense of how its business performed in the quarter ended November 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Constellation Brands (STZ) came out with quarterly earnings of $3.25 per share, missing the Zacks Consensus Estimate of $3.34 per share. This compares to earnings of $3.19 per share a year ago.
Constellation Brands Inc STZ shares are trading lower after the company reported nearly flat third-quarter sales of $2.46 billion, missing the analyst consensus estimate of $2.53 billion.
Corona and Modelo owner Constellation Brands cut its annual sales forecast on Friday as persistently sticky inflation dents consumer spending on beers, wines and spirits.
The parent of the Modelo and Corona beer brands lowered its 2025 outlook, despite third-quarter profit growth.