Constelltn Bnds Stock Price, News & Analysis

Constellation Brands (NYSE: STZ) announced that E. Yuri Hermida, Executive Vice President and Chief Growth & Strategy Officer, will leave the company on February 28, 2025. Mallika Monteiro, currently Executive Vice President and Managing Director of Beer Brands, will serve as interim Chief Growth & Strategy Officer while maintaining her current responsibilities.

Monteiro, who previously held the Chief Growth & Strategy Officer position, will oversee the Growth team's operations during this transition period. The change comes as Hermida departs to pursue career interests outside the organization.

Constellation Brands (NYSE: STZ), a leading beverage alcohol company, announced its third quarter fiscal 2025 financial results on January 10, 2025. The company will hold a conference call to discuss the results and outlook, hosted by President and CEO Bill Newlands and CFO Garth Hankinson, at 10:30 a.m. ET. Investors can access the conference call details or join a live, listen-only webcast through the company's investor relations website at ir.cbrands.com.

Constellation Brands (NYSE: STZ) has announced a quarterly cash dividend declaration. The company's Board of Directors approved a dividend of $1.01 per share of Class A Common Stock on January 8, 2025. The dividend will be paid on February 21, 2025, to stockholders who are on record as of the close of business on February 7, 2025.

Constellation Brands (NYSE: STZ) has rescheduled its third quarter fiscal 2025 financial results announcement to Friday, January 10, 2025, before U.S. markets open. The change from the original January 9 date is due to the national day of mourning for former President Jimmy Carter.

President and CEO Bill Newlands and CFO Garth Hankinson will host a conference call at 10:30 a.m. ET on January 10 to discuss financial results and outlook. The call will be accessible via phone (+1-877-407-9121, conference ID: 13750414) starting at 10:20 a.m. ET, with a live webcast available on the company's investor relations website. Financial information and GAAP reconciliations will be posted on the website, with a replay available afterward.

Constellation Brands (NYSE: STZ) has announced it will report its third quarter fiscal 2025 financial results on Thursday, January 9, 2025, before U.S. markets open. The company will host a conference call at 10:30 a.m. ET on the same day, featuring President and CEO Bill Newlands and CFO Garth Hankinson.

Investors can access the call by dialing +1-877-407-9121 with conference ID 13750414. A live webcast will be available on the company's investor relations website, along with financial information and GAAP reconciliations. A replay will be provided for those unable to attend.

Constellation Brands (NYSE: STZ) has announced an agreement to sell its SVEDKA brand to global spirits company Sazerac as part of its strategic portfolio restructuring. The transaction, expected to close in the coming months, aligns with Constellation's strategy to focus on premium and fine wine and craft spirits segments. This move follows the company's recent divestments of popular and mainstream wine and spirits brands, aiming to optimize their portfolio and accelerate business performance in higher-end market sectors.

Constellation Brands (NYSE: STZ) has announced its participation in the 2024 Morgan Stanley Global Consumer and Retail Conference. Executive Vice President and CFO Garth Hankinson will lead a fireside chat on December 3, 2024, at 2:15 p.m. ET in New York. The presentation will discuss the company's strategic initiatives, financial metrics, and operating performance.

A live webcast will be available on the company's investor relations website, along with financial information and GAAP reconciliation measures. Those unable to attend can access a replay through January 3, 2025.

Constellation Brands (NYSE: STZ) has appointed E. Yuri Hermida as the new Executive Vice President, Chief Growth & Strategy Officer. Hermida will oversee Consumer Insights & Innovation, Digital, Transformation, Media, New Business Ventures, and Strategy & Analytics, reporting directly to CEO Bill Newlands. With extensive experience in the CPG sector across global markets, Hermida brings strong management and operational skills to the team.

Hermida succeeds Mallika Monteiro, who will now focus on managing the company's beer brand portfolio as Executive Vice President and Managing Director. Monteiro will continue to report to Newlands and serve on the executive management committee, leveraging her experience in beer and brand marketing to drive growth for Constellation's high-end beer brands.

Constellation Brands (NYSE: STZ), a leading beverage alcohol company, has announced its second quarter fiscal 2025 financial results. The company will host a conference call on Thursday, October 3, 2024, at 10:30 a.m. EDT to discuss the results and outlook. President and CEO Bill Newlands and CFO Garth Hankinson will lead the call.

Investors and interested parties can join the conference call or access a live, listen-only webcast through the company's investor relations website at ir.cbrands.com. This announcement provides an opportunity for stakeholders to gain insights into Constellation Brands' recent financial performance and future prospects.