Constellation Brands Posts Q3 Earnings Beat, Soft Wine & Spirits Sales

Key Takeaways STZ posted Q3 EPS and sales above estimates, even as both declined year over year on weak consumer demand.STZ's beer business outpaced the industry, aided by strong Pacifico and Victoria growth.STZ generated strong cash flow, funding dividends, buybacks and heavy investment in Mexico beer operations.Constellation Brands, Inc. (STZ) reported third-quarter fiscal 2026 results, wherein the top and bottom lines surpassed the Zacks Consensus Estimate. The company’s sales and earnings declined year ...