Constellation Brands stock edges up after earnings beat, but Modelo demand warning lingers
Constellation Brands shares rose 0.1% to $148.13 Friday after the company cut its fiscal 2026 EPS outlook and warned beer demand remains uneven. Quarterly net sales reached $2.223 billion, with beer shipment volumes down 2.2%. The board declared a $1.02 per share dividend. Wall Street price targets diverged following the earnings update.