Stock Movers Week Ahead: Constellation Brands, Levi Strauss, Delta Airlines
Apr 5, 2026
Tatiana Daria, Bloomberg Markets Live strategist who previews earnings and market moves. She discusses Constellation Brands' revenue pressure and valuation shifts. She talks about Levi Strauss' cautious Q4 outlook and trade risks. She highlights why Delta Airlines is outperforming and what to watch on its earnings call.
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Constellation Faces Revenue Hit But Valuation Looks Priced In
- Constellation Brands faces a roughly 15% net revenue decline mainly from wine and spirits divestments.
- Bloomberg Intelligence notes beer segment weakness with Hispanic consumer softness, but some analysts say valuation already discounts that risk.
Analysts See Upside After Price Multiple Collapse
- Constellation's forward price-to-earnings ratio has fallen to its lowest since 2012.
- Upgrades from JP Morgan, Evercore and Citi reflect views that much bad news is already reflected in the stock's valuation.
Levi Mirrors Nike With Modest Consumer Demand
- Levi Strauss and Nike both reflect discretionary consumer weakness and modest expectations ahead of Levi's results.
- UBS expects a Q4 sales and EPS beat but warns management may remain cautious on full-year guidance due to macro uncertainty.