Constellation Brands is a leading beverage alcohol company that specializes in the production and distribution of beer, wine, and spirits
With a diverse portfolio that includes some of the most recognized brands in the industry, the company focuses on innovation and premium products to cater to evolving consumer preferences. Constellation Brands employs strategic investments and partnerships to expand its market presence and enhance its product offerings, making it a significant player in the global beverage alcohol market. The company is dedicated to sustainability and social responsibility, striving to make a positive impact on the communities it serves.
Shares of major alcohol producers and distributors declined sharply following a warning issued by U.S. Surgeon General Vivek Murthy about the increased cancer risks associated with alcohol consumption.
Shares of Constellation Brands fell 1.2% Friday. Surgeon General Vivek Murthy published an advisory on the cancer risks associated with alcohol consumption.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how beverages, alcohol, and tobacco stocks fared in Q3, starting with Zevia (NYSEZVIA).
As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the beverages, alcohol, and tobacco industry, including MGP Ingredients (NASDAQMGPI) and its peers.
ROCHESTER, N.Y., Dec. 05, 2024 (GLOBE NEWSWIRE) -- Constellation Brands, Inc. (NYSESTZ), a leading beverage alcohol company, announced today it will report financial results for its third quarter ended November 30, 2024, on Thursday, January 9, 2025, before the open of the U.S. markets. A conference call to discuss the financial results and outlook will be hosted by President and Chief Executive Officer, Bill Newlands, and Executive Vice President and Chief Financial Officer, Garth Hankinson, at 10:30 a.m. ET, January 9, 2025.
ROCHESTER, N.Y., Dec. 03, 2024 (GLOBE NEWSWIRE) -- Constellation Brands (NYSESTZ), a leading beverage alcohol company, today announced that it has reached an agreement with global spirits company Sazerac, to divest its SVEDKA brand. This transaction is expected to close in the coming months.
ROCHESTER, N.Y., Nov. 25, 2024 (GLOBE NEWSWIRE) -- Constellation Brands, Inc. (NYSESTZ), a leading beverage alcohol company, announced today that Garth Hankinson, Executive Vice President and Chief Financial Officer, will participate in a fireside chat at the 2024 Morgan Stanley Global Consumer and Retail Conference on Tuesday, December 3, 2024 in New York, NY. The presentation is scheduled to begin at 2:15 p.m. ET and is expected to cover the company’s strategic business initiatives, financial metrics, and operating performance, as well as outlook for the future.
Looking back on beverages, alcohol and tobacco stocks’ Q3 earnings, we examine this quarter’s best and worst performers, including Constellation Brands (NYSESTZ) and its peers.
Earnings season never really ends. There are times when the number of reports feels like an inundation and times when there are only a handful of companies reporting.
ROCHESTER, N.Y., Oct. 08, 2024 (GLOBE NEWSWIRE) -- Constellation Brands (NYSESTZ), a leading beverage alcohol company, today announced the appointment of E. Yuri Hermida as the company’s new Executive Vice President, Chief Growth & Strategy Officer. In this role, Hermida will be responsible for Consumer Insights & Innovation, Digital, Transformation, Media, New Business Ventures, and Strategy & Analytics. He will report directly to Bill Newlands, President and Chief Executive Officer, and will serve as a member of Constellation’s executive management committee.
