Constellation Brand a Stock News

Visibility into Online & In-Store Channels Helps Contribute to Agility in Changing Market Visibility into Online & In-Store Channels Helps Contribute to Agility in Changing Market

This earnings season presents a unique opportunity to diversify portfolios with the best beverage stocks. As summer temperatures soar, the beverage industry is primed for a significant surge in sales, drawing the attention of consumers and investors alike.

Earnings season for this year's second quarter is getting into full-swing. As is almost always the case, the quarterly financial results have been a mixed bag.

Vintage Wine Estates will try to sell all of its assets as it restructures following a liquidity crisis

The benchmark S&P 500 index is at a record high, having just closed above the 5,600 level for the very first time. So far, in 2024, the index is up 18%, marking one of the best starts in its history and the best start ever to a presidential election year.

Constellation Brands NYSE: STZ is in the consumer staples sector and is the fourth-largest beverage company in the United States by market capitalization. The firm has underperformed the market and its sector over the past 12 months.

Constellation Brands reported Q1 results, continuing an expected growth performance driven by very strong beer growth and weaker wine & spirit sales. Q1 and the FY2025 guidance tracks STZ's mid-term 6-8% revenue growth target and margin expansion target into a 33-35% operating margin, laid out in the 2023 Investor Day. With the stagnant stock price, debt paydowns, impressive operating leverage,...

STZ has strong beer sales due to its loyal Hispanic customer base. Recent earnings show positive growth in beer segment, with potential for continued volume growth. Management guidance and historical performance suggest strong EPS growth, making the current valuation attractive.