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Constellation Brands Updates Fiscal 2026 Outlook
Globenewswire· 2025-09-02 11:30
Updates reported EPS guidance to $10.77 - $11.07 and comparable EPS guidance to $11.30 - $11.60 (1) Updates Enterprise organic net sales to decline (6)% - (4)%, reported operating income to grow 666% - 686% and comparable operating income to decline (11)% - (9)% Updates Beer net sales to decline (4)% - (2)% and Beer operating income to decline (9)% - (7)% ROCHESTER, N.Y., Sept. 02, 2025 (GLOBE NEWSWIRE) -- Constellation Brands, Inc. (NYSE: STZ), a leading beverage alcohol company, announced today updates to ...
Constellation Brands to Report Second Quarter 2026 Financial Results on October 1, 2025 After Market Close and Host Conference Call on October 2, 2025 at 10:30 am ET
Globenewswire· 2025-08-28 20:30
ROCHESTER, N.Y., Aug. 28, 2025 (GLOBE NEWSWIRE) -- Constellation Brands, Inc. (NYSE: STZ), a leading beverage alcohol company, announced today it will report financial results for its second quarter ending August 31, 2025, on Wednesday, October 1, 2025, after the close of the U.S. markets by posting the earnings release and financial tables, as well as other supporting materials, on the company’s investor relations website at ir.cbrands.com. A live conference call for analysts to discuss the company’s finan ...
Crown Royal Chocolate Flavored Whisky Debuts Nationwide With Endless Pairing Possibilities
Prnewswire· 2025-08-21 15:11
Award-winning whisky Crown Royal introduces a silky smooth blend infused with rich chocolate flavor, crafted for surprising pairings in any cocktail. NEW YORK, Aug. 21, 2025 /PRNewswire/ -- Building its celebrated portfolio, Crown Royal is unveiling its latest flavor, Crown Royal Chocolate Flavored Whisky. This limited-edition blend combines carefully selected Crown Royal whiskies with rich chocolate flavor for a velvety finish that pairs in ways you might not expect. Crown Royal Chocolate Martini featuring ...
Remus Repeal Reserve Series IX launches in tribute to Prohibition's end
Prnewswire· 2025-08-18 14:00
September marks the ninth annual release of the award-winning, limited-edition series from Remus Bourbon featuring a medley of four high-rye bourbons aged between 10 and 18 years Remus Repeal Reserve Series IX features an aroma of seasoned oak, leather, ripe sweet cherry and subtle tobacco on the nose with prominent flavors of cherry, roasted coffee and a touch of smoky spice on the palate; and lingering oak and spice that fades into notes of coffee, cherry and tobacco in the finish. "Bourbon fans have alwa ...
Constellation Brands to Present at the 2025 Barclays Global Consumer Staples Conference on September 2, 2025
Globenewswire· 2025-08-11 20:30
Core Insights - Constellation Brands, Inc. will participate in the 2025 Barclays Global Consumer Staples Conference, discussing financial metrics, operating performance, strategic initiatives, and future outlook [1] Company Overview - Constellation Brands is a leading international producer and marketer of beer, wine, and spirits, with operations in the U.S., Mexico, New Zealand, and Italy [3] - The company aims to build beloved brands and is recognized as one of the fastest-growing large consumer packaged goods (CPG) companies in the U.S. retail sector [3] Product Portfolio - The company's product offerings include high-end imported beers like Corona Extra and Modelo Especial, a variety of wines such as The Prisoner Wine Company and Robert Mondavi Winery, and craft spirits including Casa Noble Tequila and High West Whiskey [4] Sustainability and ESG Strategy - Constellation Brands emphasizes sustainable and responsible operations, integrating an Environmental, Social, and Governance (ESG) strategy into its business model [5] - The company focuses on environmental stewardship, community investment, and promoting responsible alcohol consumption as part of its long-term business strategy [5]
Constellation Brands to Present at the 2025 Barclays Global Consumer Staples Conference on September 2, 2025
GlobeNewswire News Room· 2025-08-11 20:30
Core Insights - Constellation Brands, Inc. will participate in the 2025 Barclays Global Consumer Staples Conference on September 2, 2025, where executives will discuss financial metrics, operating performance, strategic initiatives, and future outlook [1] Company Overview - Constellation Brands is a leading international producer and marketer of beer, wine, and spirits, with operations in the U.S., Mexico, New Zealand, and Italy [3] - The company's mission focuses on building beloved brands and enhancing human connections, which drives its growth as one of the fastest-growing large consumer packaged goods companies in the U.S. [3] Product Portfolio - The company offers a diverse range of products, including high-end imported beers like Corona Extra and Modelo Especial, a variety of wines such as The Prisoner Wine Company and Robert Mondavi Winery, and craft spirits like Casa Noble Tequila and High West Whiskey [4] Sustainability and ESG Strategy - Constellation Brands emphasizes sustainable and responsible operations, integrating its Environmental, Social, and Governance (ESG) strategy into its business practices [5] - The company aims to be a good steward of the environment, invest in communities, and promote responsible beverage alcohol consumption, aligning these goals with its long-term business strategy [5]
Diageo(DEO) - 2025 H2 - Earnings Call Presentation
2025-08-05 06:05
Financial Performance - Organic net sales increased by 1.7%[9], but excluding the Cîroc transaction, the increase was 1.5%[9] - Organic operating profit decreased by 0.7%[10], attributed to overheads, primarily staff costs and strategic investments[10] - Pre-exceptional EPS decreased by 8.6% to 164.2 cents[10], mainly due to a lower Moët Hennessy contribution and unfavorable FX at 103.48c[10] - Free cash flow increased by $0.1 billion to $2.7 billion[9], driven by strong working capital management[10] Strategic Initiatives - The company is implementing the "Accelerate" program to deliver approximately $625 million in cost savings over 3 years[22], with about 50% reinvested for future growth and 50% dropping through to the bottom line[29] - Capital expenditure for fiscal year 26 is guided to be in the range of $1.2-$1.3 billion[47], moving to mid-single-digit % net sales (fiscal 25: 7.7%) over 3 years[47] - The company aims to be well within the leverage target range of 2.5-3.0x net debt/EBITDA no later than fiscal year 28[23] Market Dynamics - Developed markets accounted for 62% of organic net sales, while emerging markets accounted for 38%[67] - The company gained or held share in 65% of measured markets[65] - Non-alcoholic beverages experienced approximately 40% organic net sales growth[88] Regional Performance - North America: Organic sales growth with share gains in TBA led by Don Julio and Crown Royal[69] - Asia Pacific: Weaker performance in China and Travel Retail offset India growth[65] - Latin America and Caribbean: Return to growth[65], with organic sales growth of 9.2%[68]
Rebel Bourbon announces annual release of highly acclaimed Rebel 10-Year Single Barrel Bourbon
Prnewswire· 2025-07-10 15:32
Core Insights - Rebel Bourbon has announced the annual release of its award-winning Rebel 10-Year Single Barrel Bourbon, which is aged for a decade and bottled one barrel at a time, creating a unique flavor profile for each barrel [1][2][3] - The bourbon is bottled at 100 proof (50% ABV) with a limited allocation of 2,600 cases of 750mL bottles available at a minimum suggested retail price of $99.99 [1][2][3] Product Details - Rebel 10-Year Single Barrel is handcrafted according to a wheated recipe dating back to 1849, featuring a mash bill of 68% corn, 20% wheat, and 12% malt [4] - The bourbon presents a golden amber color with aromas of vanilla and dark fruits, complemented by flavors of caramel, citrus, and a smooth finish with a hint of spice [4] Industry Recognition - Rebel 10-Year Single Barrel has received multiple prestigious awards, including the Single Barrel American Whiskey of the Year at the 2025 Bartender Spirits Awards and double gold medals at the 2025 San Francisco World Spirits Competition [6][7][9] - The product has also earned a double platinum medal at the 2025 ASCOT Awards, showcasing its high quality and industry acclaim [9] Company Background - Rebel Bourbon is distilled in Bardstown, Kentucky, by Lux Row Distillers, with a focus on a wheated mash bill that celebrates bold originality and a rebellious spirit [7] - Luxco, the parent company, has been a leading producer and supplier of beverage alcohol products since 1958, operating multiple distilleries and offering a diverse portfolio of award-winning brands [8][10]
Constellation Brands Reports First Quarter Fiscal 2026 Financial Results
Globenewswire· 2025-07-01 20:05
Core Insights - Constellation Brands, Inc. reported its first quarter fiscal 2026 financial results, with a conference call scheduled for July 2, 2025, to discuss these results and future outlook [1] Company Overview - Constellation Brands is a leading international producer and marketer of beer, wine, and spirits, with operations in the U.S., Mexico, New Zealand, and Italy [2] - The company's mission focuses on building beloved brands and enhancing human connections, which drives its growth as one of the fastest-growing large consumer packaged goods companies in the U.S. [2] Product Portfolio - The company offers a diverse range of products, including high-end imported beers like Corona Extra and Modelo Especial, a variety of wines such as The Prisoner Wine Company and Robert Mondavi Winery, and craft spirits like Casa Noble Tequila and High West Whiskey [3] Sustainability and ESG Strategy - Constellation Brands emphasizes sustainable and responsible operations, integrating its Environmental, Social, and Governance (ESG) strategy into its business practices [4] - The company aims to be a good steward of the environment, invest in communities, and promote responsible alcohol consumption, aligning these goals with its long-term business strategy [4]
LUXCO INTRODUCES CORTADA, A SMOKED TEQUILA
Prnewswire· 2025-06-10 14:15
Core Insights - Luxco, Inc. has launched Cortada Smoked Tequila, a premium tequila available in Blanco and Reposado varieties, exclusively in Denver and through e-commerce [1][2][3] - The retail price for Cortada Smoked Tequila Blanco is $49.99 and for Reposado is $54.99 [1][2][3] Product Details - Cortada Smoked Tequila is crafted using hand-selected, estate-grown 100% Blue Weber Agave, smoked with Mesquite and Mexican Oak, resulting in a unique flavor profile [4][5] - The Blanco variant offers a pure agave experience with notes of ripe pineapple and a wood-fired spiciness, while the Reposado variant is aged in bourbon barrels, featuring hints of dark chocolate, pepper, and clove [6] Market Positioning - The launch city, Denver, is highlighted for its rich cultural history and innovative spirit, making it an ideal location for introducing Cortada [5] - The brand manager emphasizes the creativity that smoked spirits bring to the cocktail scene, positioning Cortada as a must-try for those seeking a spicier sipping experience [8] Company Background - Luxco, founded in 1958, is a leading producer and supplier of beverage alcohol products, operating under MGP Ingredients Inc. since its acquisition in 2021 [11]