Constellation Brands (STZ), the company behind Modelo and Corona beers and Svedka vodka, cut its 2025 full-year earnings guidance to $3.05 - $7.92 per share ...
), the company behind Modelo and Corona beers and Svedka vodka, cut its 2025 full-year earnings guidance to $3.05 - $7.92 per share from $14.63 - $14.93. It also announced it will take a $1.5 billion to $2.5 billion charge on its wine and spirits business due to weakness in the division. The company did, however, raise the lower end of its comparable earnings per share forecast.
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Corona Beers Julie Hyman Svedka Vodka Josh Lipton
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