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Constellation Brands (STZ), the company behind Modelo and Corona beers and Svedka vodka, cut its 2025 full-year earnings guidance to $3.05 - $7.92 per share from $14.63 - $14.93. It also announced it will take a $1.5 billion to $2.5 billion charge on its wine and spirits business due to weakness in the division. The company did, however, raise the lower end of its comparable earnings per share forecast.

Market Domination anchors Julie Hyman and Josh Lipton discuss the outlook in the video above.

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This post was written by Stephanie Mikulich.