Constellation Brands on Tuesday reported quarterly earnings and revenue that missed analysts’ estimates as beer demand slid and tariffs on aluminum weighed on its profitability.Still, the brewer reiterated its forecast for fiscal 2026,

Constellation Brands reported Q1 FY26 results with strong beer sales and a strategic wine portfolio shift, despite a 6% revenue decline.

Constellation Brands missed first-quarter sales and profit estimates on Tuesday, as fears of rising tariffs and economic uncertainty prompted consumers to reduce purchases of beers and wines.