Constellation Brands, a leading beverage company, has revised its FY25 financial outlook, citing macroeconomic headwinds. Despite these challenges, the company anticipates solid beer sales growth and is seeing improvements in its wine and spirits sector.
Results for: Constellation Brands
The stock market closed out April on a down note, breaking a five-month winning streak. The Dow Jones Industrial Average, S&P 500, and Nasdaq all posted losses, as did GE Healthcare, Constellation Brands, and Eaton. However, Eli Lilly shares rose after the drugmaker provided strong guidance. The Federal Reserve will announce its latest interest rate decision Wednesday afternoon, and Club members are encouraged to buy the dip in GE Healthcare and Eaton.