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Constellation Brands CEO says the Modelo maker is feeling the squeeze from softer economy, fewer drinkers
Yahoo Finance· 2025-10-08 17:26
Constellation Brands (STZ) is navigating a tough beer market as multiple pressures weigh on consumption. "The overall industry is a bit suppressed because of the lack of engagement and the lack of consumers going out and drinking and consuming in the way that they normally would," CEO Bill Newlands told Yahoo Finance's Opening Bid. The company's stock is down nearly 36% year to date. Over the same period, shares of Coors Light maker Molson Coors (TAP) are down 20%, while Bud Light maker Anheuser-Busch's ...
STZ Q2 Earnings Beat, Sales Down on Soft Wine & Spirits Business
ZACKS· 2025-10-07 18:06
Key Takeaways Q2 FY26 EPS of $3.63 beat estimates but dropped 16% year over year; sales fell 15% to $2.48B.Beer sales declined 7%, hurt by softer demand and inventory rebalancing, partly offset by Pacifico growth.STZ generated $1.1B in free cash flow and returned $604M via buybacks and dividends.Constellation Brands, Inc. (STZ) reported second-quarter fiscal 2026 results, wherein the top and bottom lines surpassed the Zacks Consensus Estimate. The company’s sales and earnings declined year over year on weak ...
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
Core Insights - Constellation Brands, Inc. will report its financial results for the second quarter ending August 31, 2025, on October 1, 2025, after U.S. market close [1] - A conference call for analysts will take place on October 2, 2025, at 10:30 a.m. ET, featuring discussions on financial results, operating performance, and future outlook [1][2] 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 beverage 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]
Constellation Brands to Report First Quarter 2026 Financial Results on July 1, 2025 After Market Close and Host Conference Call on July 2, 2025 at 10:30 AM ET
Globenewswire· 2025-05-29 20:30
Core Viewpoint - Constellation Brands, Inc. will report its financial results for the first quarter ending May 31, 2025, on July 1, 2025, with a conference call scheduled for July 2, 2025, to discuss the results and future outlook [1][2]. 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 (CPG) companies in the U.S. [3]. Product Portfolio - The company offers a range of high-end, iconic imported beer brands, including Corona Extra, Modelo Especial, and various craft spirits and fine wine brands such as The Prisoner Wine Company and Robert Mondavi Winery [4]. Sustainability and ESG Strategy - Constellation Brands emphasizes sustainable and responsible operations, integrating its Environmental, Social, and Governance (ESG) strategy into its business practices to support long-term goals [5].
Constellation Brands to Present at the 2025 Deutsche Bank Global Consumer Conference on June 3, 2025
Globenewswire· 2025-05-23 17:30
Core Viewpoint - Constellation Brands, Inc. will participate in the 2025 Deutsche Bank Global Consumer 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'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 range of high-end imported beer brands, including Corona Extra, Modelo Especial, and various craft spirits and fine wines such as The Prisoner Wine Company and Robert Mondavi Winery [4]. Sustainability and ESG Strategy - Constellation Brands emphasizes sustainable and responsible operations, integrating its ESG strategy into its business practices to promote environmental stewardship and responsible alcohol consumption [5].
Constellation Brands to Present at the 2025 Goldman Sachs Global Staples Forum on May 13, 2025
Globenewswire· 2025-05-01 20:30
Group 1 - Constellation Brands, Inc. will participate in the 2025 Goldman Sachs Global Staples Forum on May 13, 2025, with a presentation covering financial metrics, operating performance, strategic initiatives, and future outlook [1] - The presentation will be available via a live webcast on the company's investor relations website, with financial information and reconciliations of GAAP and non-GAAP measures accessible during the event [2] - 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, focusing on building beloved brands and anticipating market trends [3][4] Group 2 - The company emphasizes sustainability and responsible operations as part of its ESG strategy, aiming to be good stewards of the environment and promote responsible beverage alcohol consumption [5] - Constellation Brands offers a range of high-end beer brands, including Corona and Modelo, as well as fine wines and craft spirits, contributing to its position as one of the fastest-growing large CPG companies in the U.S. [4][3]