Constellation Brands (NYSE: STZ) releases fiscal Q2 earnings on October 6. The stock closed at $112.99 on October 1, down 0.06%. It closed at $130.62 on August 31. That’s a 13.5% drop. The August 31 close came before management’s September 8 Barclays commentary highlighting a mixed consumer backdrop and expected gross-margin pressure in the second half of fiscal 2027. Management’s current fiscal 2027 guidance calls for beer net sales growth between a 1% decline and a 1% increase, with beer operating margin of 37% to 38%.