Constellation Brands Navigates Soft Sales With Robust Beer Margins - Constellation Brands ( NYSE:STZ )
Constellation's Q1 EPS beat BofA's estimate at $3.22, helped by strong beer margins and lower-than-expected marketing costs. Depletions fell 2.6% and shipments dropped 3.3%, signaling continued beer segment weakness despite guidance reaffirmation.
https://www.benzinga.com/analyst-stock-ratings/analyst-color/25/07/46229527/constellation-brands-navigates-soft-sales-with-robust-beer-margins