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Class Action Filed Against Constellation Brands, Inc. (STZ) Seeking Recovery for Investors - Contact Levi & Korsinsky
Prnewswire· 2025-03-04 10:45
Core Viewpoint - A class action securities lawsuit has been filed against Constellation Brands, Inc. due to alleged securities fraud affecting investors between April 11, 2024, and January 8, 2025 [1] Group 1: Lawsuit Details - The lawsuit aims to recover losses for investors impacted by the alleged fraud during the specified period [1] - The complaint highlights that the defendants provided misleading information regarding Constellation's fiscal results for 2024 and the financial outlook for 2025, focusing on improvements in the Wine and Spirits business [2] - On January 8, 2025, Constellation announced disappointing third-quarter results, with significant misses in both the Beer segment and the Wine & Spirits segment, leading to a sharp decline in stock price from $219.28 to $181.81 within two days [2] Group 2: Next Steps for Investors - Investors who suffered losses during the relevant timeframe have until April 21, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require this role [3] - Class members may be entitled to compensation without any out-of-pocket costs or fees [3] Group 3: Firm Background - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions for shareholders over the past 20 years [4] - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as one of the leading securities litigation firms in the U.S. [4]
Constellation Brands: Positioning For Alpha In A Mispriced Market - Follow The Smart Money
Seeking Alpha· 2025-03-03 18:52
Core Insights - Constellation Brands, Inc. (NYSE: STZ) reported a significant decline of 17% in its Q3 FY25 earnings, raising concerns about the company's performance [1] Financial Performance - The earnings report for Q3 FY25 was released on January 10, 2025, indicating a notable drop in stock value for a blue-chip company like STZ [1] Investment Strategy - The company employs a rigorous research-driven approach to identify high-conviction stocks with growth potential across various sectors, including big tech, semiconductors, AI, and healthcare [1] - The analysis includes both low-risk and selective high-risk investment opportunities that could outperform the market [1] - Each investment idea is supported by thorough research and strategic foresight to help investors navigate complex market conditions [1]
INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Constellation Brands, Inc of Class Action Lawsuit and Upcoming Deadlines - STZ
Prnewswire· 2025-03-03 17:50
Core Viewpoint - A class action lawsuit has been filed against Constellation Brands, Inc, alleging securities fraud and unlawful business practices [2][3]. Financial Performance - Constellation reported a 14% decline in net sales for its Wine and Spirits segment, primarily due to a 16.4% decrease in shipment volumes, attributed to weaker consumer demand and retailer inventory destocking in the U.S. wholesale market [3]. - The company anticipates an organic net sales decline of 5-8% and an operating income decline of 17-19% for its Wine and Spirits business [3]. - Following the financial disclosures, analysts reduced their price targets for Constellation's stock, with a notable drop in stock price of $37.47 per share, or 17.09%, closing at $181.81 on January 10, 2025 [3].
Shareholders of Constellation Brands, Inc. Should Contact The Gross Law Firm Before April 21, 2025 to Discuss Your Rights - STZ
Prnewswire· 2025-03-03 10:45
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Constellation Brands, Inc. regarding a class action lawsuit due to significant discrepancies in the company's financial performance, particularly in the Beer and Wine & Spirits segments, leading to a substantial decline in stock price [1]. Summary by Relevant Sections Allegations - The complaint alleges that Constellation Brands provided misleading information about its fiscal year 2024 results and 2025 outlook, focusing on improving sales execution in its Wine and Spirits business [1]. - The company emphasized premium brands to drive growth and made investments in media spending and price promotions [1]. - On January 8, 2025, the company reported a significant miss in sales performance, particularly in the Beer segment and an even larger miss in the Wine & Spirits segment, resulting in a stock price drop from $219.28 to $181.81 within two days [1]. Class Action Details - The class period for the lawsuit is from April 11, 2024, to January 8, 2025, and shareholders are encouraged to register for participation [2]. - The deadline for seeking lead plaintiff status is April 21, 2025, and there are no costs or obligations for shareholders to participate [2]. Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and illegal business practices [3]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors affected by misleading statements that inflate stock prices [3].
Constellation Brands, Inc. (STZ) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
Prnewswire· 2025-02-28 17:00
BENSALEM, Pa., Feb. 28, 2025 /PRNewswire/ -- The Law Offices of Howard G. Smith announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Constellation Brands, Inc. ("Constellation" or the "Company") (NYSE: STZ).IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN CONSTELLATION BRANDS, INC. (STZ), CONTACT THE LAW OFFICES OF HOWARD G. SMITH BEFORE APRIL 21, 2025 (LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE ONGOING SECURITIES FRAUD LAWSUIT.Contact ...
Levi & Korsinsky Reminds Constellation Brands, Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of April 21, 2025 - STZ
Prnewswire· 2025-02-28 10:45
NEW YORK, Feb. 28, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Constellation Brands, Inc. ("Constellation" or the "Company") (NYSE: STZ) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Constellation investors who were adversely affected by alleged securities fraud between April 11, 2024 and January 8, 2025. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/pslra-1/constellation-b ...
SHAREHOLDER REMINDER: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Constellation Brands
Prnewswire· 2025-02-27 14:53
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Constellation Brands, Inc. due to alleged violations of federal securities laws related to misleading statements about the company's financial performance and outlook [2][4]. Group 1: Legal Investigation and Class Action - The firm is encouraging investors who suffered losses exceeding $50,000 in Constellation Brands between April 11, 2024, and January 8, 2025, to discuss their legal options [1]. - A federal securities class action has been filed against Constellation Brands, with a deadline of April 21, 2025, for investors to seek the role of lead plaintiff [2][6]. - The complaint alleges that Constellation and its executives made false or misleading statements regarding the company's fiscal results and financial outlook for 2025 [4]. Group 2: Financial Performance and Stock Impact - On January 8, 2025, Constellation Brands announced its third-quarter fiscal year 2025 results, revealing significant misses in sales performance, particularly in the Beer segment and an even larger miss in the Wine & Spirits segment [5]. - Following the announcement, Constellation's stock price dropped from $219.28 per share on January 8, 2025, to $181.81 per share by January 10, 2025, indicating a dramatic decline in market value [5]. Group 3: Company Background - Faruqi & Faruqi, LLP is a national securities law firm with a history of recovering hundreds of millions of dollars for investors since its founding in 1995 [3].
Warren Buffett Just Added $1 Billion Worth of This Beaten-Down Value Stock to Berkshire Hathaway's Portfolio
The Motley Fool· 2025-02-27 14:23
Core Viewpoint - Warren Buffett's recent actions indicate a cautious outlook on the stock market for 2024, highlighted by significant equity sales from Berkshire Hathaway's portfolio, totaling over $134 billion in 2023 [2][15]. Company Analysis: Constellation Brands - Constellation Brands is the largest brewer of Mexican beer, with over 80% of its sales and operating income derived from this segment, including popular brands like Corona and Modelo [5]. - Despite a general decline in alcohol consumption among younger demographics, Constellation has experienced solid sales growth in its beer business, projecting revenue growth of 4% to 7% for fiscal 2025 [6]. - The company commands 94% of the dollars spent on Mexican beers in the U.S., allowing it to maintain a substantial advertising budget and a premium market position [7]. - Constellation's investment strategy focuses on acquiring stocks trading below intrinsic value, which aligns with Buffett's recent $1 billion investment in the company, indicating it is perceived as a good value [10][13]. Financial Performance - Constellation's third-quarter earnings report was disappointing, with flat revenue year-over-year, as a 3% increase in beer sales was offset by a 14% decline in wine and spirits sales [11]. - Management has lowered its full-year outlook but still anticipates 10% comparable earnings growth for fiscal 2025, suggesting resilience in the beer segment [12]. Market Position and Valuation - The stock currently trades at a forward price-to-earnings (P/E) ratio of 13, which is considered an exceptional value given the company's competitive advantages [13]. - Constellation Brands has a market capitalization of approximately $32 billion, aligning with Buffett's recent preference for smaller companies, contrasting with his significant sales of larger firms [14][15].
Constellation Brands, Inc. Sued for Securities Law Violations - Investors Should Contact The Gross Law Firm for More Information - STZ
Prnewswire· 2025-02-27 10:45
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Constellation Brands, Inc. regarding a class action lawsuit due to significant discrepancies in the company's financial performance, particularly in the Beer and Wine & Spirits segments, leading to a substantial decline in stock price [1]. Summary by Relevant Sections Allegations - The complaint alleges that Constellation Brands provided misleading information about its fiscal year 2024 results and 2025 financial outlook, focusing on improving sales execution in its Wine and Spirits business [1] - The company emphasized efforts in premium brands to drive consistent growth and made investments in media spending and price promotions [1] - On January 8, 2025, the company reported a significant miss in sales performance, particularly in the Beer segment, which contributed to a sharp decline in stock price from $219.28 to $181.81 per share within two days [1] Next Steps for Shareholders - Shareholders who purchased shares during the specified class period are encouraged to register for the class action by April 21, 2025, to potentially become lead plaintiffs [2] - Registered shareholders will receive updates through a portfolio monitoring software regarding the case's progress [2] Firm's Commitment - The Gross Law Firm aims to protect investors' rights and ensure companies adhere to responsible business practices, seeking recovery for losses incurred due to misleading statements or omissions by companies [3]
Constellation Brands: Berkshire's Endorsement Might Not Be Enough In The Short-Term (Rating Downgrade)
Seeking Alpha· 2025-02-25 17:47
Group 1 - Constellation Brands, Inc. has experienced a significant decline in stock price, dropping over 27% in the past year [1] - The company is known for its popular brands, including Corona beer, indicating a strong market presence despite recent challenges [1] Group 2 - The article highlights a contrasting perspective on the company's potential, suggesting a Buy rating despite the recent price drop [1]