INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Constellation Brands, Inc of Class Action Lawsuit and Upcoming Deadlines - STZ

Core Viewpoint - A class action lawsuit has been filed against Constellation Brands, Inc, alleging securities fraud and unlawful business practices [2][3]. Financial Performance - Constellation reported a 14% decline in net sales for its Wine and Spirits segment, primarily due to a 16.4% decrease in shipment volumes, attributed to weaker consumer demand and retailer inventory destocking in the U.S. wholesale market [3]. - The company anticipates an organic net sales decline of 5-8% and an operating income decline of 17-19% for its Wine and Spirits business [3]. - Following the financial disclosures, analysts reduced their price targets for Constellation's stock, with a notable drop in stock price of $37.47 per share, or 17.09$181.81 on January 10, 2025 [3].