Constellation Brands (STZ) Earnings Preview: Modelo Is Gaining Market Share

Published: Oct. 5, 2022, 7:43 p.m.

b'"September beer sales fell, but premium lights improved and at-risk inventory fell. Seltzer orders have declined for 13 straight months. I suspect capacity is having trouble keeping up with demand. I am concerned that Constellation Brands (STZ) may not be able to support future growth," says Bill Kirk. "Modelo continues to gain market share as wine and seltzers have been losing steam. The economic downturn could increase at-home dining and beverages," adds Kevin Green.'