Constellation Brands reports sales drop due to weaker consumer demand, maintaining full-year earnings estimate

From Yahoo Finance: 2025-07-01 17:20:00

Constellation Brands (STZ) reported disappointing fiscal first-quarter results as revenue fell 6% to $2.52 billion, missing analyst expectations. Adjusted earnings also dropped to $3.22 per share from $3.57 per share last year. CEO Bill Newlands attributed the weak performance to softer consumer demand due to non-structural socioeconomic factors.

Despite the underwhelming results, Constellation maintained its full-year earnings estimate of $12.60 to $12.90 per share, with analysts predicting $12.84. The company’s shares slipped less than 1% in extended trading, reflecting a 25% decline in value in 2025. CEO Newlands highlighted ongoing challenges in consumer demand for the beverage giant.

Read more: Constellation Brands Sales Drop as Modelo Parent Cites ‘Softer Consumer Demand’