Why Constellation Brands Stock Was Moving Higher Today
Constellation Brands(US:STZ) The Motley Fool·2026-01-08 19:27The beer stock managed to beat estimates in its earnings report.Shares of Constellation Brands (STZ +4.71%) were gaining today after the domestic seller of Corona and Modelo beat estimates in its third-quarter earnings report.As of 1:57 p.m. ET, the stock was up 4.7% on the news. Constellation tops a low barConstellation Brands has faced a number of headwinds recently, including weak discretionary spending, younger generations turning away from alcohol, and a slowdown among Hispanic customers.Revenue fell 1 ...