Constellation Brands Stock Jumps on Q4 Earnings Beat, Dividend Hike

Key TakeawaysConstellation Brands stock rose in early trading Thursday on an earnings report that came in above expectations and amid optimistic guidance for fiscal 2025.The company makes a number of alcohol brands, including Modelo and Corona beers as well as a number of wine and spirit brands.Beer sales have been consistently increasing over the last several quarters, while wine and spirit sales have slumped. Constellation Brands (STZ) stock rose in early trading Thursday as the beverage company reported ...