Constellation Brands Exec Says Expect Lower Volumes And Margins In The Second Half Of The Year
Portfolio Pulse from Benzinga Newsdesk
Constellation Brands executives have indicated that the company expects lower volumes and margins in the second half of the year.
July 03, 2024 | 3:34 pm
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Constellation Brands executives have indicated that the company expects lower volumes and margins in the second half of the year. This could negatively impact the stock price in the short term.
The expectation of lower volumes and margins typically signals potential revenue and profit declines, which can lead to a decrease in stock price as investors adjust their expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100