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Stock impact report

Constellation Brands' Earnings Drop as Costs Rise [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
Profits take a step backward as the beer giant ramps up investments into promising growth initiatives. Demitrios Kalogeropoulos ( TMFSigma ) Jun 30, 2018 at 6:00PM Constellation Brands  ( NYSE:STZ )  this week kicked off what's likely to be an important fiscal year for the alcoholic beverage giant. It launched major additions to its beer portfolio in the most recent quarter and sharply increased marketing investments to support that brand along with its other premium beer, wine, and spirits franchises. The extra spending contributed to weaker earnings than investors have been used to seeing from the company, but Constellation Brands stayed on track to meet or modestly exceed management's full-year sales and profit targets. Let's take a closer look.  Metric Q1 2019 Q1 2018 Year-Over-Year Change Revenue $2 Show less Read more
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