News Formal

Constellation Brands to record up to $2.5 billion in charges linked to wine business

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 20 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 63%

Constellation Brands News

Wine And Spirits

The company also trimmed its annual enterprise net sales growth to between 4% and 6%, from 6% to 7% earlier, as retailers reduce stocking wine and spirits...

FILE PHOTO: Bottles of the beer, Corona, a brand of Constellation Brands Inc., sit on a supermarket shelf in Los Angeles

Shares of the company, which is expected to report second-quarter results on Oct. 3, were unchanged in early trading. Constellation Brands lowered its fiscal 2025 reported earnings per share estimates to a range of $3.05 to $7.92, from $14.63 to $14.93 earlier. 360 Energy Inc. Launches Envirally: Transform Energy Management with AI-Powered, Audit-Ready Energy and Carbon Reporting

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Uber, Yum Brands, Molson Coors earnings: Consumer in FocusThree major consumer brands reported earnings this morning, providing key insight into the overall state of consumer spending. Wealth! Host Brad Smith breaks...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »