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Constellation Brands Forecasts Weaker-Than-Expected Sales Growth

Primul articol: 9 apr. 2026, 21:10 | Ultima actualizare: 9 apr. 2026, 21:10 | 1 sursa | 1 articol
#beer#sales#forecast#economy

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Constellation Brands, a major player in the alcoholic beverage market and owner of popular brands like Modelo and Corona, has tempered expectations for future growth. The company's latest sales outlook fell short of analyst predictions, causing concern among investors despite a recent history of strong performance. This revised forecast suggests potential headwinds for the company in the coming year.

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Modelo Owner Constellation Gives Softer-Than-Expected Outlook Foto: Bloomberg
Bloomberg English 9 apr. 2026, 21:10 (acum 1 ora)

Modelo Owner Constellation Gives Softer-Than-Expected Outlook

Constellation Brands Inc. projected slower-than-expected growth for its beer business this year, renewing concern that declines in alcohol consumption have yet to hit their floor.  Organic beer sales, which measure changes in sales volumes, are seen in a range of down 1% to up 1% in the company’s current year, Constellation said Wednesday. The range trails analysts’ average estimate for a 2.2% increase.  While the guidance represents an improvement from the previous fiscal year, which ended Feb.

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