Constellation Brands Inc Class A
STZ: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|c< | LOCK|#b | LOCK|%mb?FvQ |
Constellation Earnings: Beer Margin Held Up on Stabilizing Volume and Cost Control; Shares Cheap
Constellation Brands' third-quarter sales fell 10%, led by divestitures in wine and spirits. A beer revenue decline of 1% moderated from a 5% fall in the first half. Adjusted operating profits were flat, but EPS fell 6%.
