Welcome to our dedicated page for Constelltn Bnds news (Ticker: STZ), a resource for investors and traders seeking the latest updates and insights on Constelltn Bnds stock.
Constellation Brands, Inc. (NYSE: STZ) is an international producer and marketer of beer, wine, and spirits, and its news flow reflects this broad beverage alcohol portfolio. Company updates frequently highlight performance and trends in its high-end imported beer portfolio anchored by Corona Extra and Modelo Especial, as well as developments across wine brands such as The Prisoner Wine Company, Robert Mondavi Winery, Kim Crawford, Schrader Cellars, and Lingua Franca, and craft spirits brands including Casa Noble Tequila and High West Whiskey.
News releases for STZ often focus on quarterly financial results, where the company reports on its financial condition and results of operations for each fiscal quarter. These announcements typically include management commentary, non-GAAP metrics described as comparable, adjusted, or organic, and updates to fiscal outlook, including segment-level expectations for beer and wine and spirits.
Investors following STZ can also expect news about capital markets activity, such as the pricing and issuance of senior notes, the use of automatic shelf registration statements, and updates on share repurchase authorizations and dividend declarations. The company has disclosed offerings of senior notes due 2035 and related indenture arrangements, as well as the filing of a resale prospectus supplement for shares of Class A Common Stock.
Additional news items include announcements of conference presentations, changes in senior management roles, amendments to corporate by-laws, and timing of earnings conference calls. For readers tracking Constellation Brands, this news page provides a centralized view of how the company communicates about its beer, wine, and spirits businesses, its financial outlook, and its governance and financing decisions over time.
Constellation Brands (NYSE: STZ), a leading beverage alcohol company, announced it will report its fiscal year and fourth quarter 2025 financial results, along with providing outlook guidance for fiscal years 2026 to 2028. The company has scheduled a conference call on April 10, 2025, at 10:30 a.m. ET to discuss these results.
The conference call will be hosted by President and CEO Bill Newlands and CFO Garth Hankinson. Interested parties can access the call details or listen to a live webcast through the company's investor relations website at ir.cbrands.com.
Constellation Brands (NYSE: STZ) has announced a strategic agreement with The Wine Group to divest its mainstream wine brands and facilities, focusing on premium offerings priced $15 and above. The transaction is expected to close after Q1 FY2026, pending regulatory approval.
The retained portfolio includes prestigious brands like Robert Mondavi Winery, Schrader, The Prisoner Wine Company, and Kim Crawford - the #1 Sauvignon Blanc in the U.S. The company will also keep its craft spirits portfolio including High West whiskey and Casa Noble tequila.
Brands being divested include Woodbridge, Meiomi, Robert Mondavi Private Selection, Cook's, SIMI, and J. Rogét sparkling wine. The company is undertaking an organizational restructuring expected to deliver net annualized cost savings exceeding $200 million by FY2028, with most changes completed within FY2026.
Constellation Brands (NYSE: STZ), a leading beverage alcohol company, has scheduled its full fiscal year and fourth quarter 2025 financial results announcement for April 9, 2025, after U.S. markets close. The company will release its earnings report, financial tables, and supporting materials on their investor relations website at ir.cbrands.com.
A live conference call for analysts will be held on April 10, 2025, at 10:30 a.m. ET, featuring President and CEO Bill Newlands and EVP/CFO Garth Hankinson. The call can be accessed by dialing +1-877-407-9121 with conference ID 13752140. A live webcast will be available on the company's investor relations website, along with GAAP financial measures and reconciliations with non-GAAP metrics.
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.