Constellation Brands, U.S. maker of Modelo and Corona, withdraws 2028 guidance due to uncertainty

Constellation Brands, U.S. maker of Modelo and Corona, withdraws 2028 guidance due to uncertainty

Constellation Brands, U.S. maker of Modelo and Corona, withdrew its previously issued fiscal 2028 outlook on Wednesday and reported “subdued” demand across its categories. The organization still beat Wall Street estimates for its fourth fiscal quarter. Constellation Brands is expecting its latest CEO, Nicholas Fink, to assume the role next week. Constellation Brands, U.S. maker […]