Constellation Brands Slumps to 261st in Volume Amid Immigration Policy-Driven Earnings Cut

On September 4, 2025, Constellation Brands (STZ) traded with a volume of $0.40 billion, marking a 39.99% decline from the previous day's trading activity and ranking 261st in volume among listed stocks. The stock closed down 0.42% for the session.

Constellation Brands has revised its fiscal year 2026 outlook amid challenges stemming from U.S. immigration enforcement measures. The company now anticipates a 2%-4% decline in beer net sales, sharply contrasting its earlier forecast of stable to 3% growth. This adjustment follows a 3.3% drop in beer shipments during the first quarter of 2025, driven by reduced consumption among Hispanic consumers—a critical demographic for its market-leading brands such as Modelo and Corona. The company also narrowed its earnings per share guidance to $11.30-$11.60 from $12.60-$12.90, reflecting the operational headwinds.

The revised guidance underscores the vulnerability of Constellation's business to demographic shifts and policy changes. While Modelo's dominance in the U.S. beer market remains intact, the immigration-related disruptions have disproportionately impacted the company's sales performance compared to broader market trends. Analysts note that the magnitude of the forecast revision suggests a deeper-than-expected near-term drag on profitability.

Backtesting results indicate that the stock's recent performance aligns with the revised guidance. Historical data from the first quarter of 2025 shows a 3.3% decline in beer shipments, while the adjusted EPS range reflects a material downward adjustment from prior expectations. These metrics confirm the direct correlation between immigration policy impacts and the company's financial trajectory.