Modelo Beer Maker Constellation Brands' Stock Plummets on Lowered Growth Forecast

1. Constellation Brands cut fiscal 2025 EPS outlook due to weak consumer spending. 2. Sales growth forecast reduced from 4%-6% to 2%-5% for fiscal 2025. 3. Beer sales increased 3%, but wine and spirits fell 14% this quarter. 4. Shares plunged nearly 15%, losing over 25% of value in the past year. 5. CEO cites uncertainty about consumer spending return contributing to outlook cut.