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Warren Buffett’s Berkshire Hathaway has more than doubled its stake in the alcoholic beverage maker to 12 million shares.
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Modelo Beer Maker Constellation Brands’ Stock Plummets on Lowered Growth Forecast - MSNThe company behind brands including Modelo beer and Kim Crawford wine reduced the lower end of its estimate for fiscal 2025 earnings per share (EPS) to between $13.40 and $13.80, versus its ...
Constellation Brands' stock was falling 4.4% in recent trading, enough to pace the S&P 500's decliners on the day. The parent of Modelo and Pacifico beer, Meiomi wine and Svedka vodka beat profit ...
Constellation Brands' stock has been rising, and there's reason to believe that upward momentum will continue after the parent of Modelo and Corona beer brands, Kim Crawford wines and Svedka vodka ...
Constellation Brands (NYSE: STZ) and Anheuser-Busch InBev (NYSE: BUD) both sell alcohol. Typically, alcohol companies do well ...
Second-quarter sales of Modelo Especial, the top selling beer in the U.S., rose 5% and those of Pacifico surged around 23%, while those of Corona Extra dropped 3%. Macro Backdrop Weighs on Demand ...
Analysts anticipate an EPS of $3.33 along with $2.56 billion in revenue, which is a significant decrease from $4.80 and $2.66 ...
AB InBev, the world's top beer producer, provides stable, though modest, returns for investors. Constellation Brands shows strong profit margins and produces popular beers like Corona and Modelo ...
The stock has slipped 3.4% to date in 2024, while the Consumer Staples Select Sector SPDR ETF XLP has climbed 13.6% and the market-benchmark S&P 500 index SPX has rallied 26.2%.
America's favorite beer could be more expensive next year if Donald Trump implements his threatened trade tariffs.. The President-elect has promised to bring in tariffs of 25 percent on America's ...
Modelo is the top-selling beer in America, ... STZ Price Action: Constellation Brands stock is up 1.17% to $236.57 on Wednesday versus a 52-week trading range of $224.76 to $274.87.
The company behind brands including Modelo beer and Kim Crawford wine reduced the lower end of its estimate for fiscal 2025 earnings per share (EPS) to between $13.40 and $13.80, versus its ...
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