America’s Best Cabernet Wine, According To The Decanter World Wine Awards https://t.co/992U4Z2npS https://t.co/haHUEBw3fy ...

The WNBA, the latest to bite announcing a new partnership between the Golden State Valkyries and J Vineyards and Winery. We spoke earlier about that partnership with Women's Basketball Hall of Famer Sue Bird and the director, the estate director of J Vineyards, Nicole Hitchcock. For us at J Vineyards and Winery.We are female, founded, female led, and we really have this legacy of female leadership in the wine industry and even beyond. And so we found a like minded partner in the Golden State Valkyries who r ...

在各大名酒企业纷纷投入研发，甚或已经推出各种低度产品的形势下，白酒的低度化、潮流化似乎已经 成为大势所趋。那么，仅仅依靠低度化就能够赢得年轻人的好感吗？ 实际上，低度化只是迎合了消费年轻化的其中一个要求，然而，这并非全部。 在一定程度上，年轻人对白酒的忠诚度不够高，除了度数高、口感爆烈之外，它身上附加的等级观念以 及社交价值，也与目前年轻一代的消费主张相背离；而在传统政务、商务宴饮的场景下，年轻消费者并 非主力，年轻人更为追求符合自身特质的场景，追求符合自身需求的产品。 那么，这种年轻化需求的核心是什么？ 也就是说，满足个体需求的"情绪因子"，正在取代老一代消费者的"社交因子"。这让他们摒弃了辣口的 高度酒，转向更为适口的低度化酒类商品。 相关调查表明，酒饮成为"精神快充"载体，如低度果酒、茶酒因口感清爽、包装新颖，在即时零售渠道 年增速达72%。 此外，在消费场景上，呈现出碎片化与即时化需求。相关电商平台统计显示，夜间独酌（占订单30%以 上）、露营野餐（年增56%）等场景崛起，推动"线上下单+30分钟送达"的即时零售模式爆发。2024 年，美团闪购白酒交易规模同比暴涨100%；618期间，20小时内成交额 ...

America’s Best Cabernet Wine, According To The Decanter World Wine Awards https://t.co/K0foUugFDv https://t.co/94DSpm11sg ...

America’s Best Cabernet Wine, According To The Decanter World Wine Awards https://t.co/NMBXeBgJuD https://t.co/w9vQ1aqWsq ...

Core Viewpoint - Constellation Brands, Inc. demonstrated resilience in its beer segment despite a slight dip in overall sales, allowing the company to reaffirm its full-year guidance amidst a challenging market [1][3]. Financial Performance - The company reported fiscal first-quarter earnings per share of $3.22, which was below the $3.30 consensus but above Bank of America’s estimate of $3.00, driven by stronger-than-expected beer gross margins and lower SG&A costs [2]. - Total sales were slightly below expectations due to softness in both beer and wine & spirits, but the company maintained its fiscal year guidance, which may raise skepticism given the weaker first-quarter trends [3]. Segment Analysis - The beer segment is expected to improve starting in the second quarter, aided by easier comparisons, although June scanner data indicated mid-single-digit declines [4]. - Depletions in the beer segment fell 2.6% year-over-year in the first quarter, slightly worse than Bank of America’s estimate but in line with consensus, while shipments declined by 3.3% [4]. Operational Insights - The quarter had one less selling day, negatively impacting shipment and depletion growth rates by more than 1%. No further selling day impacts are expected for the remainder of fiscal year 2026 [5]. - Gross margins in the beer segment exceeded forecasts at 53.1%, attributed to approximately $40 million in cost and operational efficiencies. Marketing spend was $201 million, lower than the estimated $220 million, and is expected to be concentrated in the first half of the fiscal year [5]. Wine & Spirits Performance - The Wine & Spirits segment underperformed with sales of $280.5 million, although operating losses of $6 million were better than anticipated [6]. Market Valuation - Bank of America analyst Peter T. Galbo maintained a Neutral rating on Constellation Brands with a price forecast of $180, reflecting a justified discount to their 5-year average due to ongoing challenges in the beer segment, including softer demand from Hispanic consumers and broader industry headwinds [6].

Core Insights - Constellation Brands reported a revenue of $2.52 billion for the quarter ended May 2025, reflecting a year-over-year decline of 5.5% and an EPS of $3.22, down from $3.57 a year ago [1] - The reported revenue fell short of the Zacks Consensus Estimate of $2.57 billion, resulting in a surprise of -2.07%, while the EPS also missed the consensus estimate of $3.34 by -3.59% [1] Financial Performance Metrics - Net Sales for Wine and Spirits were reported at $280.5 million, significantly below the five-analyst average estimate of $297.74 million, marking a year-over-year decline of 27.9% [4] - Net Sales for Beer were $2.23 billion, slightly below the $2.27 billion average estimate, with a year-over-year change of -1.7% [4] - Operating Income for Wine and Spirits was reported at -$6 million, contrasting with the four-analyst average estimate of $12.38 million [4] - Operating Income for Beer was $873.4 million, compared to the average estimate of $899.7 million [4] - Operating Income for Corporate Operations and Other was -$57.5 million, slightly better than the average estimate of -$63.99 million [4] Stock Performance - Shares of Constellation Brands have returned -6.6% over the past month, while the Zacks S&P 500 composite has seen a +5.2% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]

Financial Performance - Constellation Brands reported quarterly earnings of $3.22 per share, missing the Zacks Consensus Estimate of $3.34 per share, and down from $3.57 per share a year ago, representing an earnings surprise of -3.59% [1] - The company posted revenues of $2.52 billion for the quarter ended May 2025, missing the Zacks Consensus Estimate by 2.07%, and down from $2.66 billion year-over-year [2] - Over the last four quarters, Constellation Brands has surpassed consensus EPS estimates two times and topped consensus revenue estimates just once [2] Stock Performance - Constellation Brands shares have lost approximately 26.4% since the beginning of the year, contrasting with the S&P 500's gain of 5.5% [3] - The current status of estimate revisions translates into a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market in the near future [6] Future Outlook - The current consensus EPS estimate for the coming quarter is $4.07 on revenues of $2.68 billion, and for the current fiscal year, it is $12.68 on revenues of $9.44 billion [7] - The outlook for the Beverages - Alcohol industry is positive, currently ranking in the top 32% of over 250 Zacks industries, suggesting that stocks in the top 50% outperform those in the bottom 50% by more than 2 to 1 [8]

ROCHESTER, N.Y., July 01, 2025 (GLOBE NEWSWIRE) -- Constellation Brands, Inc. (NYSE: STZ), a leading beverage alcohol company, reported today its first quarter fiscal 2026 financial results. A conference call to discuss the financial results and outlook will be hosted by President and Chief Executive Officer, Bill Newlands, and Chief Financial Officer, Garth Hankinson, on Wednesday, July 2, 2025 at 10:30 a.m. ET. Visit ir.cbrands.com to locate information for joining the conference call, or a live, listen-o ...

| 分析师：俞家宁 | S1050523070002 | | --- | --- | | yujn@cfsc.com.cn | | | 分析师：胡博新 | S1050522120002 | | hubx@cfsc.com.cn | | | 分析师：任春阳 | S1050521110006 | | rency@cfsc.com.cn | | | 基本数据 | 2 0 2 5-0 6-2 7 | | --- | --- | | 当前股价（元） | 10.83 | | 总市值（亿元） | 240 | | 总股本（百万股） | 2213 | | 流通股本（百万股） | 1913 | | 52 周价格范围（元） | 5.15-13.24 | | 日均成交额（百万元） | 679.41 | 2025 年 06 月 30 日 医疗智能化进程持续推进，AI 新品有望带动业 绩增长 买入(首次) 投资要点 ▌短期业绩承压，新一代产品有望推动业绩增长 2024 年，公司实现营业收入 27.82 亿元，同比减少 12.05%； 利润端，公司实现归母净利润 0.88 亿元，同比减少 75.45%， 2025 年一季度，公司实现收入 ...