VICTOR, N.Y., March 07, 2024 (GLOBE NEWSWIRE) -- Constellation Brands, Inc. (NYSE:STZ), a leading beverage alcohol company, announced today it will report financial results for its full fiscal year and fourth quarter ended February 29, 2024, on Thursday, April 11, 2024, before the open of the U.S. markets. A conference call to discuss the financial results and outlook will be hosted by President and Chief Executive Officer, Bill Newlands, and Executive Vice President and Chief Financial Officer, Garth Hanki ...

Brown-Forman B (BF.B) came out with quarterly earnings of $0.60 per share, beating the Zacks Consensus Estimate of $0.56 per share. This compares to earnings of $0.47 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 7.14%. A quarter ago, it was expected that this company would post earnings of $0.50 per share when it actually produced earnings of $0.50, delivering no surprise.Over the last four quarters, the company has surpass ...

In the latest market close, Constellation Brands (STZ) reached $248.14, with a +0.04% movement compared to the previous day. The stock exceeded the S&P 500, which registered a loss of 1.02% for the day. Elsewhere, the Dow lost 1.04%, while the tech-heavy Nasdaq lost 1.65%.The the stock of wine, liquor and beer company has risen by 0.39% in the past month, leading the Consumer Staples sector's loss of 1.15% and undershooting the S&P 500's gain of 3.64%.Market participants will be closely following the financ ...

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Constellation Brands (STZ) .Constellation Brands currently has an ...

Constellation Brands (STZ) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Shares of this wine, liquor and beer company have returned +1% over the past month versus the Zacks S&P 500 composite's +3.9% change. The Zacks Beverages - Alcohol industry, to which Constellation Brands belongs, has gained 1.7% over this period. Now the key question is: Where could the stock be headed in the ne ...

Constellation Brands (STZ) closed the most recent trading day at $245.61, moving +0.14% from the previous trading session. The stock's change was more than the S&P 500's daily gain of 0.13%. Elsewhere, the Dow gained 0.13%, while the tech-heavy Nasdaq lost 0.32%.Coming into today, shares of the wine, liquor and beer company had lost 3.06% in the past month. In that same time, the Consumer Staples sector gained 2.56%, while the S&P 500 gained 2.99%.The investment community will be closely monitoring the perf ...

Constellation Brands (STZ) ended the recent trading session at $244.90, demonstrating a +0.53% swing from the preceding day's closing price. This change lagged the S&P 500's 0.58% gain on the day. Elsewhere, the Dow gained 0.91%, while the tech-heavy Nasdaq added 0.3%.Coming into today, shares of the wine, liquor and beer company had lost 3.59% in the past month. In that same time, the Consumer Staples sector gained 0.32%, while the S&P 500 gained 4.61%.Investors will be eagerly watching for the performance ...

Constellation Brands (STZ) closed the most recent trading day at $242.55, moving -0.21% from the previous trading session. The stock fell short of the S&P 500, which registered a gain of 0.57% for the day. Elsewhere, the Dow lost 0.14%, while the tech-heavy Nasdaq added 1.25%.The wine, liquor and beer company's stock has dropped by 5.58% in the past month, falling short of the Consumer Staples sector's gain of 0.93% and the S&P 500's gain of 5.07%.Investors will be eagerly watching for the performance of Co ...

Constellation Brands Inc.’s (STZ) strategies reflect a strong focus on market growth, particularly in the beer segment, prudent financial management and a commitment to long-term shareholder value. Despite some challenges, particularly in the Wine & Spirits segment, the company is positioned well with a diverse portfolio, strategic investments and a clear vision for the future. Image Source: Zacks Investment Research Let’s Delve DeeperThe company's beer business showcased an impressive performance, with a n ...

VICTOR, N.Y., Jan. 09, 2024 (GLOBE NEWSWIRE) -- Constellation Brands, Inc. (NYSE:STZ), a leading beverage alcohol company, announced today that it priced the public offering of $400.0 million aggregate principal amount of 4.800% Senior Notes due 2029 (the "notes") for a public offering price of 99.889% of the principal amount of the notes. The notes will be senior obligations that rank equally with all of Constellation's other senior unsecured indebtedness. Closing of the offering is expected to occur on Ja ...