Constellation Brands, Inc. (STZ) News
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last 30 daysBeer sales grew 5% while Wine and Spirits surged 17%, with free cash flow up 4%.
Constellation showed some key green shoots as it aims to return to steady growth.
Modelo owner Constellation is getting creative to bring back beer drinkers as overall demand weakens
Constellation Brands beat earnings and revenue expectations as beer brands gained share, while inventory rebuilding and consumer caution clouded demand.
On this episode of Stock Movers: - Constellation Brands (STZ) is lower after the maker of Modelo Especial and Corona Extra reaffirmed its comparable earnings per share forecast for the full year. The company also announced the acquisition of SpikedAde, a vodka-based drink brand.…
Sales in Constellation’s beer business, which includes Corona and Modelo, rose 5%, while its wine and spirits business saw a 17% increase in sales.
Constellation Brands has a dividend that pays a yield of 3.64%.
Consumer staples aren't looking so safe anymore. Here's why Clorox and General Mills are struggling, and why I think Constellation Brands may be better positioned for a higher-rate world.
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