Constellation Brands(STZ)
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Why Constellation Brands (STZ) is a Top Value Stock for the Long-Term
ZACKS· 2024-10-31 14:40
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'The choice of the people': How Modelo and Corona maker Constellation Brands won the loyalty of Hispanic consumers in the U.S.
CNBC· 2024-10-12 12:26
In this article STZ ABI-BE Packages of Modelo Especial beer are displayed for sale in a grocery store on June 14, 2023 in Los Angeles, California. Mario Tama | Getty Images Modelo cans have become part of the fabric of events for Rio Riojas' family and community in Lansing, Michigan. The 35-year-old often finds himself opting for the brand at grocery stores or bars. The beer has become, in his words, "synonymous" with gatherings, ranging from small hangouts to birthday parties. "It's definitely the choice o ...
Constellation Brands Appoints E. Yuri Hermida as New EVP, Chief Growth & Strategy Officer
GlobeNewswire News Room· 2024-10-08 20:30
ROCHESTER, N.Y., Oct. 08, 2024 (GLOBE NEWSWIRE) -- Constellation Brands (NYSE: STZ), a leading beverage alcohol company, today announced the appointment of E. Yuri Hermida as the company's new Executive Vice President, Chief Growth & Strategy Officer. In this role, Hermida will be responsible for Consumer Insights & Innovation, Digital, Transformation, Media, New Business Ventures, and Strategy & Analytics. He will report directly to Bill Newlands, President and Chief Executive Officer, and will serve as a ...
Constellation Brands Eyes Growth as Beer Sales Lead the Way
MarketBeat· 2024-10-08 12:02
Constellation Brands Today | --- | --- | --- | |-----------------------|-------|-------| | | | | | | | | | STZ | | | | Constellation Brands | | | | $243.07 | | | | -3.60 (-1.46%) | | | | 52-Week Range $227.50 | | | | | | | | ▼ | | | | $274.87 | | | | Dividend Yield 1.66% | | | | P/E Ratio 18.11 | | | | Price Target $292.38 | | | Add to Watchlist Constellation Brands Inc. NYSE: STZ sells beer, wine and spirits. Its portfolio of alcoholic beverage brands is familiar to anyone who's been to a sports bar, had d ...
Constellation Brands: Underlying Demand Should Recover
Seeking Alpha· 2024-10-08 05:13
A brief update from my last coverage on Constellation Brands (NYSE: STZ ) (NEOE: STZ:CA ). I gave a buy rating in July, and my key thesis was that STZ should continue to grow its earnings healthily I'm a passionate investor with a strong foundation in fundamental analysis and a keen eye for identifying undervalued companies with long-term growth potential. My investment approach is a blend of value investing principles and a focus on long-term growth. I believe in buying quality companies at a discount to t ...
Constellation Brands Downgraded Amid Subdued Beer Volume Growth Projections
Benzinga· 2024-10-07 17:56
Last week, Constellation Brands Inc. STZ reported second-quarter adjusted earnings per share of $4.32, beating the analyst consensus of $4.08. Quarterly revenues of $2.92 billion beat the street view of $2.90 billion. The company reported a loss per share of $6.59, including a $2.25 billion non-cash goodwill impairment loss for the Wine and Spirits business. BofA Securities downgraded Constellation Brands, reflecting lowered calendar year 2025 estimates amid slower beer volume growth. The analyst writes, "W ...
Decoding Constellation Brands Inc (STZ): A Strategic SWOT Insight
Gurufocus· 2024-10-04 04:01
Constellation Brands Inc (STZ, Financial), a leading beverage alcohol company, filed its 10-Q report on October 3, 2024, revealing a mixed financial performance. The company reported net sales of $5,580.7 million for the six months ended August 31, 2024, a modest increase from the previous year's $5,351.7 million. However, STZ faced a significant goodwill impairment of $2,250.0 million in its Wine and Spirits segment, reflecting the challenges within this market. Despite this, STZ's strong brand portfolio, ...
Constellation Brands shares fall as weak wine and spirits sales weigh on quarterly performance
Proactiveinvestors NA· 2024-10-03 19:08
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, The ...
Constellation Brands(STZ) - 2025 Q2 - Quarterly Report
2024-10-03 18:00
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended August 31, 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 ...
Constellation Brands(STZ) - 2025 Q2 - Earnings Call Transcript
2024-10-03 17:33
Constellation Brands, Inc. (NYSE:STZ) Q2 2025 Earnings Conference Call October 3, 2024 10:30 AM ET Company Participants Joseph Suarez - SVP, IR Bill Newlands - CEO Garth Hankinson - CFO Conference Call Participants Kaumil Gajrawala - Jefferies Dara Mohsenian - Morgan Stanley Bonnie Herzog - Goldman Sachs Nik Modi - RBC Capital Markets Andrea Teixeira - JPMorgan Peter Grom - UBS Michael Lavery - Piper Sandler Filippo Falorni - Citi Robert Moskow - TD Cowen Bill Kirk - ROTH Capital Partners Operator Hello, an ...