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Stock impact report

Constellation Brands: All Eyes On Reorganization [Seeking Alpha]

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: Seeking Alpha
SummaryDespite the pandemic, Constellation Brands was able to prevent massive losses and was even able to show profitability in Q2.There's every reason to believe that Constellation Brands will be able to drive growth in the following months due to the reorganization of its wine and spirits business.I'm long Constellation Brands.Despite the pandemic, Constellation Brands (STZBetting on the Premiumization ModelConstellation Brands is a well-known producer of beers (Corona, Modelo), wines (Robert Mondavi, Kim Crawford), and spirits (Svedka Vodka, Casa Noble Tequila). In the last few years, the company has been aggressively expanding its market share in its core markets and it's now the second-largest beverage alcohol supplier in terms of retail sales growth in the United States.Source: Constellation BrandsDespite the fact that the company in its Q1 report warned investors that its beer business will underperform in the following months due to the pandemic and lockdowns, the opposite has Show less Read more
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