Constellation Brands Updates Fiscal 2026 Outlook
1. STZ updates fiscal 2026 EPS guidance to $10.77 - $11.07. 2. Enterprise organic net sales expected to decline 6% - 4%. 3. Beer net sales projected to decline 4% - 2%, impacting income. 4. Reported operating income forecasted to grow 666% - 686%. 5. High-end beer sales show significant declines among Hispanic consumers.