Constellation Brands (NYSE: STZ) is a leading international producer and marketer of beer, wine, and spirits with operations in the U.S., Mexico, New Zealand, and Italy. Our mission is to build brands that people love because we believe elevating human connections is Worth Reaching For. It's worth our dedication, hard work, and calculated risks to anticipate market trends and deliver more for our consumers, shareholders, employees, and industry. This dedication is what has driven us to become one of the fas ...

VICTOR, N.Y., May 16, 2024 (GLOBE NEWSWIRE) -- Constellation Brands, Inc. (NYSE: STZ), a leading beverage alcohol company, announced today that Bill Newlands, President and Chief Executive Officer, and Garth Hankinson, Executive Vice President and Chief Financial Officer, will participate in a fireside chat at the Bernstein 40th Annual Strategic Decisions Conference on Wednesday, May 29, 2024 in New York, NY. The presentation is scheduled to begin at 2:30 p.m. EDT and is expected to cover the company's stra ...

Constellation Brands Inc. (STZ) continues to gain from strength in the beer business, as well as its premiumization strategy. The beer business has been gaining from the robust performances of Modelo Especial, the Modelo Chelada brands, Corona Extra and Pacifico.STZ's beer business showcased an impressive performance, with notable growth in shipment volumes and depletions in fourth-quarter fiscal 2024, indicating a strong and consistent demand for its products. This achievement is particularly significant, ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended February 29, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-08495 CONSTELLATION BRANDS, INC. (Exact name of registrant as specified in its charter) Delaware 16-0716709 (State ...

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VICTOR, N.Y., April 18, 2024 (GLOBE NEWSWIRE) -- Constellation Brands, Inc. (NYSE:STZ), a leading beverage alcohol company, announced today that its indirect, wholly-owned subsidiaries, Greenstar Canada Investment Limited Partnership ("Greenstar") and CBG Holdings LLC ("CBG"), have converted (the "Conversion") their common shares ("Common Shares") of Canopy Growth Corporation ("Canopy") into non-voting and non-participating exchangeable shares of Canopy ("Exchangeable Shares"). The amendment to Canopy's sha ...

Constellation Brands, Inc. (NYSE:STZ) Q4 2024 Earnings Conference Call April 11, 2024 10:30 AM ET Company Participants Snehal Shah - Director of Investor Relations Bill Newlands - President and Chief Executive Officer Garth Hankinson - Chief Financial Officer Conference Call Participants Nik Modi - RBC Capital Markets Dara Mohsenian - Morgan Stanley Bryan Spillane - Bank of America Lauren Lieberman - Barclays Chris Carey - Wells Fargo Securities Kaumil Gajrawala - Jefferies Nadine Sarwat - Bernstein Drew Le ...

Constellation Brands, Inc. (STZ) reported fourth-quarter fiscal 2024 results, wherein the top and bottom lines beat the Zacks Consensus Estimate. The company’s sales and earnings improved year over year. Results have primarily gained from the continued strong performance of the beer business.Comparable earnings of $2.26 per share for the fiscal fourth quarter grew 14% year over year and surpassed the Zacks Consensus Estimate of $2.10. On a reported basis, the company has recorded earnings of $2.14, up 77% f ...

Key TakeawaysConstellation Brands stock rose in early trading Thursday on an earnings report that came in above expectations and amid optimistic guidance for fiscal 2025.The company makes a number of alcohol brands, including Modelo and Corona beers as well as a number of wine and spirit brands.Beer sales have been consistently increasing over the last several quarters, while wine and spirit sales have slumped. Constellation Brands (STZ) stock rose in early trading Thursday as the beverage company reported ...

Key PointsConstellation Brands is moving higher after a double beat in its fourth-quarter earnings report. The company cites higher beer sales as a key reason for the results as sales of its Modelo brand continue to increase. STZ stock looks ready to move to all-time highs as long as inflation doesn't impact consumer tastes. 5 stocks we like better than Constellation BrandsConstellation Brands Inc. NYSE: STZ stock is up 2.4% in early trading after the adult beverages company reported a double beat in its fo ...