Constellation Brands reports company developments tied to its beer, wine and spirits business and its publicly traded Class A common stock. The company produces and markets beverage alcohol brands across operations in the U.S., Mexico, New Zealand and Italy, with portfolios that include Modelo Especial, Corona Extra, Modelo Cheladas, Pacifico, Victoria, The Prisoner Wine Company, Robert Mondavi Winery, Kim Crawford, Mi CAMPO Tequila and High West Whiskey.
Recurring news covers fiscal results, operating performance, financial outlook, brand portfolio references, capital-structure actions and shareholder voting matters. Company updates also include debt-market activity, such as senior note issuance or redemption notices, and governance developments such as executive succession and board-related disclosures.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Constellation Brands (NYSE: STZ) reported its fiscal year and fourth quarter 2023 financial results on April 6, 2023, showcasing strong performance in the beverage alcohol sector.
The company's portfolio includes renowned brands like Corona and Modelo, driving growth across its operations in the U.S., Mexico, New Zealand, and Italy. Constellation is committed to sustainability, promoting responsible consumption, and enhancing social equity.
Financial specifics and the fiscal year 2024 outlook were discussed in a conference call led by CEO Bill Newlands and CFO Garth Hankinson.
Constellation Brands has announced a multi-year partnership with Tastemade to launch a new content studio aimed at engaging consumers globally in the wine and spirits sector. This partnership will create original streaming and social content, including the upcoming series "Street Somm," which features a sommelier exploring local cuisine and wine pairings across the U.S. The collaboration aims to attract a younger demographic to Constellation's portfolio of brands, including Robert Mondavi and Kim Crawford, leveraging Tastemade's global audience of over 300 million viewers.