Constellation Brands (NYSE: STZ), the largest beer producer in the U.S, reported first-quarter 2022 earnings results today.
The net sales were $2.02 billion an increase of 3% compared to previous year’s first quarter.
The company had a loss of $908.1 million or $4.74 per share compared to a loss of $177.9 or $0.94 per share, of the same quarter in the previous year.
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Entertainment behemoth The Walt Disney Company (NYSE: DIS) on Wednesday reported higher revenues and earnings for the third quarter of 2022. The results also topped expectations. Third-quarter revenues of the Los