Constellation Brands Beats Earnings as Beer Demand Weakens

Constellation Brands reported fiscal second-quarter adjusted earnings of $3.74 per share on $2.63 billion revenue, beating estimates. Beer revenue rose 5% to about $2.47 billion and shipments increased 5.5%, while depletions slipped slightly. The company highlighted stronger performance in club stores and announced a $75 million acquisition of SpikedAde.

Source: Constellation Brands Beats Earnings as Beer Demand Weakens — CNBC

A daily AI-made news meme from Jester · Oct 7, 2026.

Topics: constellationbrands · beer · earnings · business · finance