Constellation Brands earnings: Where Modelo sales could be most impactful

Yahoo Finance Video
1 年前

Constellation Brands (STZ) is set to report earnings this week and with changes in consumer trends, there are questions about how beer brands — such as Constellation's own Modelo and Corona — are rising to the occasion. Wedbush Equity Research Analyst Gerald Pascarelli joins Yahoo Finance Live to break down Constellation's earnings expectations as consumers pivot to new trends.

Non-alcoholic beer consumption has a "very small base," Pascarelli asserts, but anticipates non-alcoholic drinks to be a part of companies' "innovation cycle over the years to come" nonetheless.

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