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Stock impact report

Why Constellation Brands Stock Soared 49% in 2017 [The Motley Fool]

Constellation Brands, Inc. (STZ) 
Last constellation brands, inc. earnings: 4/3 07:30 am Check Earnings Report
US:NYSE Investor Relations: cbrands.com/investors
Company Research Source: The Motley Fool
Surging sales and higher profits powered a great year for this alcoholic beverage giant. Demitrios Kalogeropoulos ( TMFSigma ) Jan 16, 2018 at 8:30AM What happened Alcoholic beverage titan Constellation Brands ( NYSE:STZ ) trounced the market last year, with shares surging 49% compared to the 19% increase in the S&P 500 , according to data provided by S&P Global Market Intelligence . ^SPX data by YCharts . The rally continued a long-running winning streak for shareholders, who have seen their investment rise by over 500% since early 2013. So what Constellation Brands' portfolio of premium imported beers allowed it to steal market share from established beer giants and from craft breweries throughout the year. Specifically, the popularity of the Corona, Modelo, and Pacifico franchises led to 10% sales growth at a time when most of Show less Read more
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