Constellation Beats Estimates, Bets $75 Million on SpikedAde
Constellation Brands posted Q2 adjusted EPS of $3.74 on $2.63 billion in revenue, beating estimates, and struck a $75 million deal for RTD brand SpikedAde.
Topic
Beer Industry
Topic
Beer Industry
Constellation Brands Slides to 52-Week Low as Analysts Cut Targets
Evercore cut its STZ target to $160 as the Corona and Modelo owner trades 29% below its high, with tariffs, weak Hispanic demand…