Revenue Growth - The company reported a revenue increase of 20% year-over-year, reaching $1.5 billion in Q3 2023[1] - The company reported a revenue increase of 15% year-over-year, reaching $1.2 billion in the last quarter[11] - The company reported a revenue of $2.5 billion for the quarter, representing a 15% year-over-year increase[23] - The company reported a revenue increase of 15% year-over-year, reaching $1.5 billion in the latest quarter[31] - The company reported a revenue increase of 15% year-over-year, reaching $1.2 billion in the last quarter[35] - The company provided a forward guidance of 10% revenue growth for the next quarter, projecting revenues between $1.65 billion and $1.75 billion[1] - The company provided a future outlook, projecting a revenue growth of 10% for the next quarter, aiming for $1.32 billion[12] - The company expects revenue guidance for the next quarter to be between $2.6 billion and $2.8 billion, indicating a potential growth of 12% to 16%[25] - The company provided guidance for Q4 2023, expecting revenue between $1.6 billion and $1.8 billion, representing a growth of 10% to 15%[42] User Growth - User data showed a growth of 15% in active users, totaling 10 million users by the end of the quarter[1] - User data showed a growth in active users by 20%, totaling 5 million new users in the last quarter[12] - The company reported a significant increase in user data, with a growth rate of 25% year-over-year in active users[17] - User data showed a growth of 10 million active users, bringing the total to 150 million[24] - User data showed a growth of 20% in active users, totaling 10 million users by the end of the quarter[31] - User data showed a growth of 25% in active users, totaling 5 million users by the end of the quarter[36] Product Launches - New product launches contributed to a 25% increase in sales, with the latest product line accounting for $300 million in revenue[1] - New product launches included a flagship product expected to generate $300 million in sales within the first six months[12] - New product launches are expected to contribute an additional $200 million in revenue over the next fiscal year[17] - New product launches contributed to a 30% increase in sales, with the latest product generating $300 million in revenue[38] - New product launches contributed to a 30% increase in sales, with the latest product line generating $300 million in revenue[49] Market Expansion - The company is expanding its market presence in Asia, targeting a 30% increase in market share by the end of 2024[1] - The company is expanding its market presence in Asia, targeting a 25% increase in market share by the end of the fiscal year[12] - Market expansion efforts are underway in Asia, targeting a 30% increase in market share by the end of the year[17] - The company plans to enter three new markets by the end of the fiscal year, targeting a 30% market share in each[23] - The company plans to enter two new international markets by the end of 2023, targeting a 5% increase in global revenue[41] Research and Development - Research and development expenses increased by 18%, totaling $150 million, focusing on innovative technologies[1] - Research and development expenses increased by 30%, reflecting a commitment to innovation and new technology[12] - The company is investing $50 million in research and development for new technologies aimed at enhancing user experience[17] - The company is investing $50 million in R&D for new technologies aimed at enhancing user experience[18] - The company is investing $200 million in R&D for new technologies aimed at enhancing user experience[44] Customer Satisfaction and Retention - Customer retention rates improved to 85%, reflecting a 5% increase from the previous quarter[1] - Customer satisfaction ratings improved to 85%, up from 80% in the previous quarter[12] - Customer satisfaction ratings have improved by 15%, reflecting the success of recent service enhancements[17] - Customer satisfaction ratings improved to 85%, reflecting a 5% increase from the previous quarter[38] - Customer satisfaction ratings increased to 90%, reflecting improved service and product quality[49] Strategic Acquisitions - The company completed a strategic acquisition of a tech startup for $200 million, expected to enhance its product offerings[1] - A recent acquisition of a tech startup was completed for $50 million, expected to enhance product offerings[12] - The company completed a strategic acquisition of a smaller tech firm for $100 million to bolster its product offerings[17] - The company announced a strategic acquisition of a smaller competitor for $200 million to enhance its product offerings[37] - The company completed a strategic acquisition of a smaller tech firm for $50 million to enhance its product offerings[46] Marketing Strategies - The company plans to invest $50 million in marketing to support the launch of new products in Q4 2023[1] - The company plans to implement a new marketing strategy aimed at increasing brand awareness by 40% over the next year[12] - A new marketing strategy has been implemented, aiming to increase brand awareness by 40% in the next six months[17] - The company plans to implement a new marketing strategy with a budget increase of 20% to drive brand awareness[18] - The company plans to enhance its digital marketing efforts, aiming for a H% increase in online engagement[51] Cost Management - Operating margin improved to 25%, up from 22% in the previous quarter, indicating better cost management[1] - The company reported a 10% reduction in operational costs due to efficiency improvements[17] - Operating expenses increased by 5% due to higher marketing costs associated with new product launches[24] - The gross margin improved to 45%, up from 40% in the previous quarter, reflecting better cost management[42] - The company plans to implement cost-cutting measures expected to save $10 million annually[48]

ROCHESTER, N.Y., Jan. 10, 2025 (GLOBE NEWSWIRE) -- Constellation Brands, Inc. (NYSE: STZ), a leading beverage alcohol company, reported today its third quarter fiscal 2025 financial results. A conference call to discuss the financial results and outlook will be hosted by President and Chief Executive Officer, Bill Newlands, and Chief Financial Officer, Garth Hankinson, on Friday, January 10, 2025 at 10:30 a.m. ET. Visit ir.cbrands.com to locate information for joining the conference call, or a live, listen- ...

ROCHESTER, N.Y., Jan. 09, 2025 (GLOBE NEWSWIRE) -- Constellation Brands, Inc. (NYSE:STZ), a leading beverage alcohol company, announced today that on January 8, 2025, its Board of Directors declared a quarterly cash dividend of $1.01 per share of Class A Common Stock payable on February 21, 2025, to stockholders of record as of the close of business on February 7, 2025. ABOUT CONSTELLATION BRANDSConstellation Brands (NYSE:STZ) is a leading international producer and marketer of beer, wine, and spirits with ...

Core Viewpoint - Constellation Brands Inc is facing negative analyst sentiment ahead of its upcoming earnings report, with price targets being lowered by major financial institutions [1][5] Group 1: Earnings Report and Analyst Sentiment - The fourth-quarter earnings report for Constellation Brands is scheduled for January 9, 2025, before market open [1] - J.P. Morgan Securities and Wells Fargo have reduced their price targets for the company to $262 and $275, down from $293 and $295, respectively [1] Group 2: Stock Performance - Constellation Brands' stock is currently trading at $220.42, reflecting a year-over-year decline of 11.5% [2] - The stock recently hit a 52-week low of $217.52 on January 3 and has struggled to surpass its 20-day moving average since mid-December [2] Group 3: Post-Earnings Track Record - Historically, the stock has shown a weak post-earnings performance, with five out of the last eight sessions closing lower after earnings announcements [3] - The average stock movement post-earnings over the past two years has been 3.3%, while options traders are anticipating a larger swing of 4.3% this time [3] Group 4: Options Market Sentiment - Options traders exhibit a strong bullish sentiment, with a call/put volume ratio of 4.59, ranking higher than 94% of readings from the past year [4] - Among the firms analyzed, 16 out of 21 have a "buy" or better rating, and the consensus target price is $287.18, indicating a 30.4% premium to current levels [5]

Analysts on Wall Street project that Constellation Brands (STZ) will announce quarterly earnings of $3.34 per share in its forthcoming report, representing an increase of 4.7% year over year. Revenues are projected to reach $2.55 billion, increasing 3% from the same quarter last year.Over the last 30 days, there has been an upward revision of 0.1% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial for ...

Constellation Brands, Inc. (STZ) is scheduled to release third-quarter fiscal 2025 results on Jan. 9. The alcoholic beverage bigwig is expected to have recorded top and-bottom-line growth in the to-be-reported quarter.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The Zacks Consensus Estimate for the company’s fiscal third-quarter earnings is pegged at $3.34 per share, indicating 4.7% growth from the year-ago quarter’s actual. The consensus mark has moved down a penny in the past 3 ...

Rescheduled from Thursday, January 9, 2025 in Observance of National Day of Mourning for Former President Jimmy CarterROCHESTER, N.Y., Jan. 02, 2025 (GLOBE NEWSWIRE) -- Constellation Brands, Inc. (NYSE: STZ), a leading beverage alcohol company, announced today a revised date to report its financial results for its third quarter ended November 30, 2024, of Friday, January 10, 2025, before the open of the U.S. markets. A conference call to discuss the financial results and outlook will be hosted by President ...

Constellation Brands (STZ) has been beaten down lately with too much selling pressure. While the stock has lost 7.6% over the past four weeks, there is light at the end of the tunnel as it is now in oversold territory and Wall Street analysts expect the company to report better earnings than they predicted earlier.Here is How to Spot Oversold StocksWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. This is a momentum oscillator ...

Core Insights - The article emphasizes the importance of utilizing Zacks Premium for both new and experienced investors to enhance their stock market strategies and confidence in investing [1][2] Zacks Style Scores - Zacks Style Scores provide a unique rating system for stocks based on value, growth, and momentum characteristics, serving as complementary indicators to the Zacks Rank [3][4] - Each stock is rated from A to F, with A indicating the highest potential for outperforming the market [4] Categories of Style Scores - **Value Score**: Focuses on identifying undervalued stocks using various financial ratios, appealing to value investors [5] - **Growth Score**: Targets stocks with strong financial health and growth potential, based on earnings and sales projections [6] - **Momentum Score**: Aims to capitalize on price trends, using recent price changes and earnings estimate shifts to identify high-momentum stocks [7] - **VGM Score**: Combines all three Style Scores to highlight stocks with the best value, growth, and momentum characteristics [8] Zacks Rank and Performance - The Zacks Rank is a proprietary model that leverages earnings estimate revisions to guide investors in building successful portfolios [9] - Stocks rated 1 (Strong Buy) have historically produced an average annual return of +25.41% since 1988, significantly outperforming the S&P 500 [10] Stock Recommendation: Constellation Brands (STZ) - Constellation Brands, a leading producer of beer, wine, and spirits, holds a 2 (Buy) rating on the Zacks Rank and has a VGM Score of A [15][16] - The company has a forward P/E ratio of 17.17, indicating attractive valuation metrics for value investors [16] - Recent earnings estimates for fiscal 2025 have been revised upward, with the Zacks Consensus Estimate increasing by $0.01 to $13.58 per share, alongside an average earnings surprise of 5.3% [16] - With strong ratings and favorable Style Scores, Constellation Brands is recommended for investors' consideration [17]

Investors interested in Beverages - Alcohol stocks are likely familiar with Constellation Brands (STZ) and Diageo (DEO) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The proven Zacks Rank puts an emphasis on earnings estimat ...