Biggest Trend Paying Dividends in Alcoholic Beverages Market is Celebrity and Brand Endorsement
Constellation Brands, Inc. (STZ)
Last constellation brands, inc. earnings: 4/3 07:30 am
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Source: PR Newswire
PALM BEACH, Florida, Feb. 11, 2020 /PRNewswire/ -- The global alcoholic beverages market is expected to reach $1,684 billion by 2025, registering a CAGR of 2.0% to 3.1% through 2025 according to multiple industry reports. The growth of the global alcoholic beverages market is driven by increase in global young-adult demographic, surge in disposable income, and rise in consumer demand for premium/super premium products especially for those owned by and/or endorsed by very well known celebrities from Hollywood actors, entertainers and sports superstars. The last decade has seen an ever-increasing number of A-level actors, directors, musicians taking on financial and creative stakes in the alcoholic beverages business. The manufacturers are operating under the belief that partnering with a celebrity (for existing and new products) can increase visibility and offer consumers a bit of insider status, as a well-known brand licensing insider said that, "People are looking for some of the fai
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News
- Constellation Brands' Continued Beer Strength Offsets Its Wine And Spirits Weakness [Yahoo! Finance]Yahoo! Finance
- Constellation Brands, Inc. (NYSE: STZ) had its price target raised by analysts at Barclays PLC from $294.00 to $295.00. They now have an "overweight" rating on the stock.MarketBeat
- Constellation Brands, Inc. (NYSE: STZ) was upgraded by analysts at Argus from a "hold" rating to a "buy" rating. They now have a $306.00 price target on the stock.MarketBeat
- Constellation Brands: Expect Strong Beer Performance To Continue [Seeking Alpha]Seeking Alpha
- Constellation Brands: Results Surpass Projections, Outlook Positive [Seeking Alpha]Seeking Alpha
STZ
Earnings
- 4/11/24 - Beat
STZ
Sec Filings
- 4/12/24 - Form 144
- 4/12/24 - Form 144
- 4/11/24 - Form 4
- STZ's page on the SEC website