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Corona beer maker Constellation Brands cuts annual sales forecast
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.
Beer Maker Constellation Brands' Q3 Sales Hit By Subdued Spending; Stock Slides
Constellation Brands Inc (NYSE: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. Net sales for the Beer segment increased 3% Y/Y to $2.
Constellation Brands’ stock slides as CEO cites ‘uncertainty’ about consumer spending
The parent of the Modelo and Corona beer brands lowered its 2025 outlook, despite third-quarter profit growth.
Constellation Brands CEO says continued to face ‘subdued spend’ in Q3
CEO Bill Newlands said, “While we continue to face the subdues spend and value seeking behaviors that emerged among legal drinking age
Constellation Brands adds market share in the U.S. amid 'overall subdued' spending backdrop
Constellation Brands (STZ) reports lower-than-expected earnings, citing subdued consumer spending. Beer sales up, wine and spirits down.
7h
on MSN
World’s largest chip maker, Taiwan Semiconductor Manufacturing, reports record sales
The key supplier of advanced chips for the world’s leading tech companies saw record revenue in the final quarter of 2023.
7h
on MSN
12 Accessories For Your Coffee Maker To Upgrade Your Morning Brew
Just like there are accessories to enhance the experience of using an air fryer, there are also plenty of doodads that can ...
9h
Troubled EV maker Faraday Future is back (again) at CES
Embattled EV maker Faraday Future is back from the dead (again) and announced plans to produce a fleet of electric minivans.
CNET on MSN
23h
Nintendo Switch 2 Mockup Revealed by Gaming and Tech Accessory Maker
A third-party maker of gaming accessories created a mockup of Nintendo's next video game console, the Switch 2, and is ...
1d
Is Ford a Millionaire Maker Stock?
It is far from clear (but seemingly unlikely) that Ford stock is going to be able to mint millionaires anytime soon.
1d
Who Is The Maker in Marvel Rivals & How to Get This Mr. Fantastic Skin?
Curious why Marvel Rivals fans are buzzing about The Maker, aka Reed Richards, skin? This dark and exclusive costume is one ...
4d
Japanese Ovens Maker to Buy Fujitsu General for $1.6 Billion
A little-known Japanese maker of oven ranges and water heaters has offered to acquire Fujitsu General Ltd. for as much as ...
1d
Amazon has this Mr. Coffee 10-minute cold brew maker on sale for $30 off for all the winter iced coffee fans
Even with frigid weather coming in hot, true iced coffee lovers don't miss out on cold coffee deals. Get this one at Amazon.
6h
Watch out Ninja! This smart ice cream maker is a CES hit, and it makes soft serve in under 2 minutes
To use the ColdSnap you'll need to buy the brand's line of shelf-stable ice cream cartridges, which come in everything from ...
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