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New York Post
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Modelo, Corona sales plunge as demand among Hispanic consumers slips

1. Constellation Brands lowered its sales and profit outlook for fiscal 2026. 2. Demand for high-end beers declined, especially among Hispanic consumers. 3. Net sales of beer expected to fall by 2% to 4%, down from growth forecasts. 4. Adjusted earnings per share forecast decreased significantly from $12.60–$12.90 to $11.30–$11.60. 5. Shares dropped over 7% on the announcement.

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FAQ

Why Bearish?

The announcement of lower sales and profits generally leads to negative sentiment. Historical example: similar reductions in outlook have often resulted in significant stock price declines.

How important is it?

The lowered outlook directly impacts investor confidence and stock performance. Concerns among key consumer demographics could signify ongoing market challenges.

Why Short Term?

The immediate response in share price suggests market sentiment will react swiftly. Past instances show that earnings downgrades often lead to short-term declines.

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