Constellation Brands' new CEO meets sell-side analysts on Tuesday, April 14. The meeting follows the April 8 release of fourth-quarter fiscal 2026 earnings. Results beat estimates. The company withdrew its fiscal 2028 outlook. Management cited subdued demand for the withdrawal.
Investors seek clarity on strategy under new leadership. TD Cowen upgraded the stock to "Buy" on April 13. The firm labels company guidance as overly conservative. BNP Paribas Exane maintained an "Underperform" rating. The firm cites concerns regarding long-term U.S. beer market volume growth.