Key Takeaways Constellation Brands has completed its divestiture of mainstream wine brands to The Wine Group. The deal includes related inventory and supports the reshaping of STZ's wine and spirits portfolio. STZ's fiscal 2026 view and projections for 2027 and 2028 remain unchanged post-transaction.Constellation Brands, Inc.’s (STZ) premiumization strategy has been encouraging, as demonstrated by the accelerated growth of its Power Brands. The company has been seeing strength in the beer business for a w ...

Group 1 - Berkshire Hathaway has more than doubled its stake in Constellation Brands, increasing its holdings from 5.6 million shares to approximately 12 million shares, representing a 6.6% ownership in the company [1][2][4] - The company has sold its holdings in Citigroup and Brazilian fintech lender Nu Holdings as part of its portfolio adjustments [1][2] - The quarterly disclosures do not specify whether individual trades were made by Warren Buffett, portfolio managers Todd Combs and Ted Weschler, or future CEO Greg Abel [3]

The alcoholic beverages maker faces a lot of near-term challenges.Constellation Brands (STZ -1.18%) was once considered a reliable blue-chip stock. It owns more than 100 brands of beers, spirits, and wines, and it has raised its dividend annually for 10 consecutive years. But over the past 12 months, Constellation's stock price has dropped nearly 30%. Let's see why that happened -- and if it can bounce back over the next 12 months.What happened to Constellation over the past year?Constellation struggled wit ...