Constellation Brands, Inc. (STZ) dbAccess Global Consumer Conference (Transcript)

Core Viewpoint - Constellation Brands is facing challenges in the beverage alcohol sector, leading to a more conservative outlook for fiscal years 2026 and beyond [5]. Group 1: Company Overview - Constellation Brands is a leading international producer and marketer of beer, wine, and spirits, primarily operating in the United States and Mexico [1]. - The company generates approximately $10 billion in annual revenues and holds the number one beer brand in the U.S., Modelo, along with other notable brands like Corona and Pacifico [1]. Group 2: Market Trends - The start of the calendar year has been more challenging than anticipated for the beverage alcohol industry, prompting a reassessment of market trends and future outlooks [5]. - Current consumer-level challenges are impacting the overall performance and expectations for the company [6].