Constellation Brands Stock Drops as Modelo Maker Cuts Outlook on Weak Beer Demand

1. Constellation Brands cut outlook due to declining beer demand and tariffs. 2. Adjusted EPS for fiscal 2026 revised down from $12.60-$12.90 to $11.30-$11.60. 3. Beer sales expected to decline by 2%-4%; operating income forecasted to fall by 7%-9%. 4. Company CEO cites volatile purchasing behavior dampening consumer demand. 5. Shares hit lowest level since COVID-19 onset, indicating severe market concern.