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Constellation Brands Inc - STZ STOCK NEWS

Welcome to our dedicated news page for Constellation Brands (Ticker: STZ), a resource for investors and traders seeking the latest updates and insights on Constellation Brands.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Constellation Brands's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Constellation Brands's position in the market.

Rhea-AI Summary
Constellation Brands appoints Sam Glaetzer as Executive VP and President of Wine & Spirits Division, bringing 30 years of industry experience to drive growth and profitability.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.05%
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management
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Rhea-AI Summary
Constellation Brands, Inc. (STZ) will report financial results for its fiscal year and fourth quarter on April 11, 2024. The conference call will be hosted by President and CEO Bill Newlands and CFO Garth Hankinson.
Rhea-AI Impact
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End-of-Day
0.94%
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conferences earnings
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Rhea-AI Summary
Constellation Brands, Inc. (STZ) appoints Christopher J. Baldwin of CVC Advisors as non-executive chair of the board, accepting the voluntary resignation of Susan Somersille Johnson. Baldwin brings extensive leadership experience to further strengthen Constellation's position in the beverage alcohol industry.
Rhea-AI Impact
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End-of-Day
0.58%
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none
Rhea-AI Summary
Constellation Brands, a leading beverage alcohol company (NYSE: STZ), announced the pricing of a public offering of $400.0 million aggregate principal amount of 4.800% Senior Notes due 2029. The notes will be senior obligations that rank equally with all of Constellation’s other senior unsecured indebtedness. The company intends to use the net proceeds for general corporate purposes, including working capital, funding capital expenditures, repayment of indebtedness, and other business opportunities. The offering is expected to close on January 11, 2024. BofA Securities, Inc., Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, and Wells Fargo Securities, LLC are acting as the joint book-running managers of the offering.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.49%
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offering
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Rhea-AI Summary
Constellation Brands, Inc. (NYSE: STZ) reported its third quarter fiscal 2024 financial results. The conference call to discuss the results and outlook will be hosted by President and CEO, Bill Newlands, and CFO, Garth Hankinson, on January 5, 2024, at 10:30 a.m. EDT. Visit ir.cbrands.com for more information.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.15%
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earnings
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Rhea-AI Summary
Constellation Brands, a leading beverage alcohol company, announced that Robert Hanson will step down as EVP & President of the Wine & Spirits Division effective February 29, 2024. Bill Newlands, President and CEO, will assume interim leadership until a successor is named. Hanson has led the transformation of the company's Wine & Spirits business since 2019, reshaping its brand portfolio and establishing a strong operational foundation for long-term success.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.15%
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management
Rhea-AI Summary
Constellation Brands, Inc. (NYSE: STZ) announced new leadership appointments to drive sustained and industry-leading performance. The company's President and CEO, Bill Newlands, emphasized the focus on talent investment to strengthen leadership capabilities and enhance strategic orientation. The new appointments cover various divisions including Beer, Innovation, Consumer Insights, Digital, Corporate Strategy, and Finance.
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Rhea-AI Summary
Constellation Brands, Inc. (NYSE: STZ) will report Q3 financial results on January 5, 2024. The conference call will be hosted by President and CEO, Bill Newlands, and CFO, Garth Hankinson. Investors can access the call via phone or webcast.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.61%
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conferences earnings
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Rhea-AI Summary
Constellation Brands, Inc. (NYSE: STZ) to present at 2023 Morgan Stanley Global Consumer and Retail Conference
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.07%
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conferences
Rhea-AI Summary
Constellation Brands, Inc. announced the expiration of all its warrants to purchase common shares of Canopy Growth Corporation. The remaining warrants are not exercisable by CBG, resulting in Constellation no longer owning any of the common shares underlying the warrants. CBG and another subsidiary of Constellation now hold an aggregate of 171,499,258 common shares and C$100.0 million principal amount of the promissory note due 2024 issued by Canopy.
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Constellation Brands Inc

NYSE:STZ

STZ Rankings

STZ Stock Data

49.73B
166.04M
12.03%
79.09%
0.96%
Wineries
Manufacturing
Link
US
Victor

About STZ

constellation brands is a leading international producer and marketer of beer, wine and spirits with operations in the u.s., canada, mexico, new zealand and italy. constellation is the third-largest producer and marketer of beer for the u.s. market and the world's leading premium wine company with a leading market position in the u.s., canada and new zealand. constellation's wine portfolio is complemented by select premium spirits brands. constellation's brand portfolio includes corona extra, corona light, modelo especial, negra modelo, pacifico, robert mondavi, clos du bois, kim crawford, rex goliath, mark west, franciscan estate, ruffino, jackson-triggs, svedka vodka and black velvet canadian whisky. based in victor, n.y., the company believes that industry leadership involves a commitment to brand-building, our trade partners, the environment, our investors and to consumers around the world who choose our products when celebrating big moments or enjoying quiet ones. founded in 1