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Constellation BrandsNYSE: STZ

Profile

Industry:

Brewers

Country:

United States

IPO:

17 March 1992

Next earnings report:

03 January 2025

Last dividends:

05 November 2024

Next dividends:

N/A
$43.17 B
-13%vs. 3y high
93%vs. sector
-90%vs. 3y high
95%vs. sector
-8%vs. 3y high
81%vs. sector
-23%vs. 3y high
91%vs. sector

Price

after hours | Thu, 21 Nov 2024 00:30:12 GMT
$237.75-$2.75(-1.14%)
$2.92 B$2.55 B
$2.92 B-$1.20 B

Analysts recommendations

Institutional Ownership

STZ Latest News

STZ Trades Below 50 & 200-Day SMA: How Should You Play the Stock?
zacks.com19 November 2024 Sentiment: POSITIVE

Constellation Brands focuses on its premium products and strong beer selection to promote growth, while also tackling issues in its wine and spirits division.

'The choice of the people': How Modelo and Corona maker Constellation Brands won the loyalty of Hispanic consumers in the U.S.
cnbc.com12 October 2024 Sentiment: POSITIVE

In 2023, consumers who identify as Hispanic or Latino made up 32.5% of Constellation Brands' sales, according to data from Numerator and Jefferies. The ongoing support from these customers has helped Modelo maintain its position as the top-selling beer in the U.S. by dollar share.

Constellation Brands Appoints E. Yuri Hermida as New EVP, Chief Growth & Strategy Officer
globenewswire.com08 October 2024 Sentiment: POSITIVE

ROCHESTER, N.Y., Oct. 08, 2024 (GLOBE NEWSWIRE) -- Constellation Brands (NYSE: STZ), a top company in the beverage alcohol industry, has announced that E. Yuri Hermida has been appointed as the new Executive Vice President and Chief Growth & Strategy Officer. In this position, Hermida will oversee areas such as Consumer Insights & Innovation, Digital Transformation, Media, New Business Ventures, and Strategy & Analytics. He will report to Bill Newlands, the President and CEO, and will also be part of the company's executive management committee.

Constellation Brands Eyes Growth as Beer Sales Lead the Way
marketbeat.com08 October 2024 Sentiment: POSITIVE

Constellation Brands Inc. (NYSE: STZ) produces and sells beer, wine, and spirits. Many people recognize its range of alcoholic beverages from visits to sports bars, dining out at restaurants, or enjoying drinks at summer barbecues.

Constellation Brands: Underlying Demand Should Recover
seekingalpha.com08 October 2024 Sentiment: POSITIVE

I still recommend buying Constellation Brands because I anticipate earnings growth of over 10%, thanks to better profit margins and rising demand. The company had impressive Q2 results, with adjusted earnings per share of $4.32, surpassing expectations, and a notable increase in EBIT margins, especially in the beer sector. Although beer sales growth has been slow, Constellation Brands is gaining market share, and recent data suggests that demand is improving, signaling a recovery.

Constellation Brands Downgraded Amid Subdued Beer Volume Growth Projections
benzinga.com07 October 2024 Sentiment: POSITIVE

Last week, Constellation Brands Inc. STZ announced its second-quarter adjusted earnings per share were $4.32, which was higher than the analysts' expectation of $4.08. The company's quarterly revenue reached $2.92 billion, surpassing the anticipated $2.90 billion.

Constellation Brands CEO on tariffs: We had a successful run during Trump administration
youtube.com04 October 2024 Sentiment: POSITIVE

Bill Newlands, the CEO of Constellation Brands, appears on 'Mad Money' with host Jim Cramer to discuss the company's earnings, its global operations, and its position in the beer market.

Constellation Brands CEO downplays worries about higher tariffs if Trump wins
cnbc.com04 October 2024 Sentiment: POSITIVE

During a Friday interview with CNBC's Jim Cramer, Constellation Brands CEO Bill Newlands downplayed worries about potential increases in tariffs. Former President Donald Trump has warned that he might introduce overall tariffs of up to 20% on imports from all nations.

Decoding Constellation Brands Inc (STZ): A Strategic SWOT Insight
gurufocus.com04 October 2024 Sentiment: POSITIVE

Constellation Brands Inc (STZ, Financial), a major company in the beverage alcohol industry, submitted its 10-Q report on October 3, 2024, showing varied financial results. For the six months ending on August 31, 2024, the company reported net sales of $5,580.7 million, which is a slight rise from $5,351.7 million in the same period last year.

Constellation Brands shares fall as weak wine and spirits sales weigh on quarterly performance
proactiveinvestors.com03 October 2024 Sentiment: NEGATIVE

Shares of Constellation Brands Inc (NYSE:STZ) fell by over 4% after the company, which produces and markets beer, wine, and spirits, reported mixed results for the second quarter of fiscal 2025. Their revenue reached $2.92 billion, which was below the $2.95 billion that Wall Street analysts had predicted.

What type of business is Constellation Brands?

Constellation Brands, Inc. is an American company engaged in the production and sale of alcoholic beverages in the United States and abroad under the brands Corona Extra, Modelo Especial, Robert Mondavi, Kim Crawford, Meiomi, and SVEDKA Vodka. The company was founded in 1945, with its headquarters located in Victor, New York. The beer segment includes the production of imported, craft, and domestic high-quality beer and other alternative alcoholic beverages. The wine and spirits segment includes brands of wines, spirits, and liqueurs in its portfolio. The corporate segment includes traditional items related to the corporation, including expenses for executive management, corporate development, corporate finance, corporate growth and strategy, human resources, internal audit, investor relations, legal, public relations, and information technology.

What sector is Constellation Brands in?

Constellation Brands is in the Consumer Defensive sector

What industry is Constellation Brands in?

Constellation Brands is in the Brewers industry

What country is Constellation Brands from?

Constellation Brands is headquartered in United States

When did Constellation Brands go public?

Constellation Brands initial public offering (IPO) was on 17 March 1992

What is Constellation Brands website?

https://www.cbrands.com

Is Constellation Brands in the S&P 500?

Yes, Constellation Brands is included in the S&P 500 index

Is Constellation Brands in the NASDAQ 100?

No, Constellation Brands is not included in the NASDAQ 100 index

Is Constellation Brands in the Dow Jones?

No, Constellation Brands is not included in the Dow Jones index

When was Constellation Brands the previous earnings report?

No data

When does Constellation Brands earnings report?

The next expected earnings date for Constellation Brands is 03 January 2025