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Modelo brewer Constellation falls despite an earnings beat. Here's why we're not concerned

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Food And Drink समाचार

S&P 500 Index,Earnings,Molson Coors Beverage Co

Constellation Brands on Thursday delivered a solid earnings report and set the stage for an anchor to be raised in the next two quarters.

Modelo and Corona brewer Constellation Brands is a tale of two businesses. One of them — beer — is stealing market share left and right. The other — wine and spirits — is an anchor on the stock. Nothing in the company's fiscal 2025 second-quarter results on Thursday changed that narrative. But the next two quarters might. Comparable net sales for the three months ended Aug. 31 rose 3% year over year to $2.92 billion, essentially in line with the $2.

Bottles of Corona, Modelo and Pacifico beer are displayed on the a shelf at a supermarket on April 6, 2017 in San Rafael, California.is a tale of two businesses. One of them — beer — is stealing market share left and right. The other — wine and spirits — is an anchor on the stock. Nothing in the company's fiscal 2025 second-quarter results on Thursday changed that narrative. But the next two quarters might.

हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

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Morgan Stanley says Constellation could top $300 on nuclear restart, these stocks could also riseThe Baltimore-based nuclear operator's move to restart Three Mile Island could lead to more such deals, benefiting renewable and natural gas stocks as well.
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