News Formal

Corona maker Constellation Brands tops quarterly profit estimates on strong beer business

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 12 sec. here
  • 12 min. at publisher
  • 📊 Quality Score:
  • News: 43%
  • Publisher: 92%

Company Notizia

Share,Demand,Cent

Constellation Brands reported a comparable profit of $3.57 per share for the quarter ended May 31, beating analysts’ estimates of $3.46 per share, as per LSEG data

on Wednesday beat Wall Street estimates for first-quarter profit, helped by strong demand for its core beer brands, which offset the sluggish wines and spirits business.

The company has seen persistent demand for its core beer brands, including Modelo Especial and Pacifico, although its wines and spirits business, along with the broader consumer industry, saw a slowdown in the United States.

Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

 /  🏆 5. in İT
 

Grazie per il tuo commento. Il tuo commento verrà pubblicato dopo essere stato esaminato.

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

June jobs report, Constellation Brands earnings: What to watchJosh Lipton and Julie Hyman break down the key events of the upcoming trading week. The Bureau of Labor Statistics (BLS) will release the June jobs report on...
Fonte: YahooFinanceCA - 🏆 47. / 63 Leggi di più »

Constellation Brands earnings, June FOMC minutes: What to watchJosh Lipton and Seana Smith break down what to watch on Wednesday, July 3rd. The Federal Reserve will release the minutes from its June Federal Open Market...
Fonte: YahooFinanceCA - 🏆 47. / 63 Leggi di più »