US – Constellation Brands, the maker of Corona, Modelo and Pacifico beer brands, has forecasted a robust annual profit for 2025 surpassing Wall Street forecasts, signaling resilient performance amid economic challenges. 

The company’s optimistic outlook for the upcoming year includes an anticipated comparable earnings per share in the range of US$13.50 to US$13.80, significantly higher than the analysts’ average estimate of US$13.42 per share.  

This projection underscores Constellation’s confidence in its brand strength and market position, despite ongoing economic uncertainties. 

Bill Newlands, President and CEO of Constellation Brands, expressed satisfaction with the company’s solid performance in Fiscal 24, highlighting the continued growth momentum of its Beer Business.  

Newlands stated, “We delivered another year of solid performance in Fiscal 24. Our Beer Business continued its strong growth momentum as it achieved its 56th consecutive quarter of volume growth while maintaining best-in class margins. These results were driven by sustained growth of our industry-leading beer brands that continue to gain share.” 

Constellation’s beer business witnessed an impressive 8.9 percent depletion growth for the December-to-February quarter, surpassing the 6 percent growth from the previous year.  

This growth is indicative of the enduring popularity and effective market strategies of Constellation’s beer brands, setting the company apart from competitors like Brown-Forman and Anheuser-Busch InBev. 

However, Constellation faced challenges in its wines and spirits business, reporting a 6 percent decline in quarterly net sales for this division. This decline was attributed to reduced orders for high-priced premium brands from wholesalers in international markets.  

Despite this setback, Constellation’s overall financial performance remained strong, with net sales exceeding analysts’ average estimates. 

Looking ahead to 2025, Constellation anticipates enterprise net sales to climb 6 percent to 7 percent. While the beer segment continues to flourish, the wine and spirits division faces headwinds due to decreased orders for premium brands.  

Newlands added, “As we head into Fiscal 25, we remain confident and excited about the growth trajectory of our Beer portfolio. We continue to see growth potential in our wine and spirits business as we focus on strong commercial and operational execution.”  

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