Modelo Parent Constellation Brands' Stock Slides on Soft Outlook, Citing Tariff Concerns
1. Constellation Brands shares fell, offering a weak outlook for the year. 2. Adjusted EPS forecast for fiscal 2026 is below analyst expectations. 3. The company plans to sell lower-cost wine brands amid restructuring. 4. Tariffs have been cited as affecting future sales projections. 5. Shares have lost nearly 33% of their value in the last year.