Constellation Brands Earnings: 3 Trends to Follow
Investors have become more optimistic about Constellation Brands' (NYSE: STZ) business since the stock hit its 2020 lows in mid-March. But the huge rally since then mostly reflects a prediction that the alcoholic beverage giant can better navigate through the challenges that have reduced sales for global peers like Molson Coors (NYSE: TAP) and Anheuser-Busch InBev (NYSE: BUD).
We'll get a major update on that performance picture when Constellation reports its fiscal second-quarter earnings results on Thursday, Oct. 1. Let's look at the metrics that might determine whether its stock rally will continue into late 2020 and beyond. There are three trends that could affect the upcoming report.
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Source Fool.com
