Decoding Constellation Brands Inc (STZ): A Strategic SWOT Insight
Constellation Brands(STZ) 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, ...