) delivered mixed second-quarter earnings results, with the CEO highlighting how challenging macroeconomic conditions have impacted consumer demand and pressured the company's operations and profit margins.Constellation Brands reporting better than expected second quarter earnings but missing on revenue.
The business continuing to face challenging market conditions here primarily in the US wholesale channel, across most price segments in the wine category.Here, they're actually modelling for this to, uh, continue to expect net sales decline of about 4 to 6 6% in operating income decline of 16 to 8 per 18% here.
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