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.
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.
Constellation Brands posted Q2 EPS of $4.32, surpassing estimates, but faced a downgrade from BofA due to slower beer growth. BofA lowered the price target to $255 and revised future growth forecasts downward.
Constellation Brands (NYSESTZ) issued a mixed August quarter results lasy week, posting better than expected earnings as it continues to navigate a tough market.
