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. concerning allegations of securities fraud and unlawful business practices [2]. Group 1: Lawsuit Details - The class action lawsuit involves claims that Constellation and certain officers and/or directors engaged in securities fraud or other unlawful business practices [2]. - Investors who purchased or acquired Constellation securities during the Class Period have until April 21, 2025, to request to be appointed as Lead Plaintiff [2]. Group 2: Financial Performance - On January 10, 2025, Constellation reported a 14% decline in net sales for its Wine and Spirits segment, attributed to a 16.4% decrease in shipment volumes due to weaker consumer demand and retailer inventory destocking [4]. - The Wine and Spirits Business anticipates an organic net sales decline of 5-8% and an operating income decline of 17-19% [4]. - 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 per share on January 10, 2025 [4].