Constellation Brand a Stock News

Constellation Brands (STZ) raised the lower end of its outlook for fiscal 2025 adjusted earnings Tuesday, ahead of its second-quarter results due early next month.

Constellation Brands nearly halved its yearly earnings outlook on weak US wine demand as consumers pull back on non-essentials amid sticky inflation.

Constellation Brands, Inc. (NYSE:STZ ) Barclays 17th Annual Global Consumer Staples Conference September 3, 2024 11:15 AM ET Company Participants Bill Newlands - President and Chief Executive Officer Garth Hankinson - Executive Vice President and Chief Financial Officer Conference Call Participants Lauren Lieberman - Barclays Lauren Lieberman Thank you for being here and welcome to the 33rd Ann...

The alcoholic-beverages maker plans to take a goodwill impairment loss in its wine and spirits business of up to $2.5 billion.

Updates reported EPS guidance to $3.05 - $7.92 and raises lower-end of comparable EPS guidance to  $13.60 - $13.80, affirming double-digit comparable EPS growth expectation (1)

ROCHESTER, N.Y., Aug. 29, 2024 (GLOBE NEWSWIRE) -- Constellation Brands, Inc. (NYSE: STZ), a leading beverage alcohol company, announced today it will report financial results for its second quarter ending August 31, 2024, on Thursday, October 3, 2024, before the open of the U.S. markets. A conference call to discuss the financial results and outlook will be hosted by President and Chief Execut...

ROCHESTER, N.Y., Aug. 23, 2024 (GLOBE NEWSWIRE) -- Constellation Brands, Inc. (NYSE: STZ), a leading beverage alcohol company, announced today that Bill Newlands, President and Chief Executive Officer, and Garth Hankinson, Executive Vice President and Chief Financial Officer, will participate in a fireside chat at the 2024 Barclays Global Consumer Staples Conference on Tuesday, September 3 in B...

Consumer stocks are in an interesting position. Numerous consumer discretionary stocks have been oversold amid growing economic uncertainty, while consumer defensive stocks are defensive plays that can protect against a volatile economy.