Constellation Brands (NYSE: STZ), one of Warren Buffett's big-time bets at Berkshire Hathaway (NYSE: BRK.B), is suffering in September. On Sept. 2, Constellation announced a significant cut to its full-year guidance, which has led to shares falling by almost 10% during the month. This puts a damper on Berkshire’s $2.2 billion investment.
Given the reduction in the firm’s near-term outlook, is it time for investors to hit the panic button on this consumer staples stock? Below, we’ll dive into the numbers and explain why investors should hold their noses, provided that they have a long-term perspective on the stock. All data relating to Berkshire’s portfolio is as of June 30, 2025, unless otherwise indicated. All data on Constellation’s guidance uses midpoint figures.
