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Constellation Brands (STZ) Gains From Strong Beer Business
STZConstellation Brands(STZ) ZACKS·2024-08-15 16:20

Constellation Brands Inc. (STZ) has retained its strong position amid the ongoing uncertainty and difficult macroeconomic conditions. The company continues to benefit from its solid brand portfolio and efforts to lift the brands through its premiumization efforts. STZ's beer business has been particularly gaining from robust performances of Modelo Especial and Corona Extra, and newer brands — Pacifico and the Modelo Chelada. The company continued this legacy in the first quarter of fiscal 2025, with the bee ...