Boosted by Beer Demand, Constellation Brands Q1 Profits Exceed Expectations
Show original
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
Glonghui, July 1|Constellation Brands announced its first-quarter results: net sales fell by 3.3% year-on-year to $2.43 billion, surpassing analysts’ expectations of $2.39 billion; earnings per share were $3.43, also beating the expected $3.20. The company’s main source of income, the beer business, saw its quarterly net sales rise by 2% year-on-year to $2.28 billion. The wine and spirits business recorded an 8% organic net sales growth year-on-year this quarter. The company reiterated its forecast for adjusted earnings per share for fiscal year 2027 in the range of $11.2 to $11.9.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!
You may also like
ITC: The depreciation of the yen appears unusually gradual
金十•2026/07/01 05:08
Futures Hotspot Tracking
金十•2026/07/01 05:02
A whale deposited 10.12 million USDC into HyperLiquid and opened a long position on ZEC.
AiCoin•2026/07/01 05:00
Trending news
MoreCrypto prices
MoreBitcoin
BTC
$59,169.87
-0.23%
Ethereum
ETH
$1,593.12
+0.43%
Tether USDt
USDT
$0.9985
+0.02%
USDC
USDC
$0.9997
+0.01%
XRP
XRP
$1.05
+0.41%
Solana
SOL
$75.34
+1.94%
TRON
TRX
$0.3171
-0.77%
Hyperliquid
HYPE
$65.66
-0.56%
Dogecoin
DOGE
$0.07234
+0.12%
Zcash
ZEC
$408.5
+2.13%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now