Constellation Brands shares sink as Modelo maker slashes guidance, sees Hispanic consumer decline

Constellation Brands shares sink as Modelo maker slashes guidance, sees Hispanic consumer decline

Constellation Brands slashes its full fiscal year outlook for fiscal 2026 . The beer maker's stock fell about 6% Tuesday morning, briefly hitting a 52-week low . The brewer previously said in April that higher U.S. tariffs on beer would affect its sales and overall consumer demand .

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