Alcoholic-beverage maker Constellation Brands turned in better-than-expected quarterly earnings but missed on sales. For its second fiscal quarter ended in August, the seller of Modelo Especial and Corona posted adjusted earnings of $4.32 a share, beating Wall Street’s call for $4.08, according to FactSet. Net sales of $2.92 billion were below the consensus call for $2.95 billion. Read More...
Alcoholic-beverage maker Constellation Brands turned in better-than-expected quarterly earnings but missed on sales. For its second fiscal quarter ended in August, the seller of Modelo Especial and Corona posted adjusted earnings of $4.32 a share, beating Wall Street’s call for $4.08, according to FactSet. Net sales of $2.92 billion were below the consensus call for $2.95 billion.
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