Constellation Brands Evolves Spirits Portfolio
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: GlobeNewswire
Signs agreement with Heaven Hill Brands to divest Black Velvet Canadian WhiskyDecision aligns with wine and spirits business transformation strategy VICTOR, N.Y., Aug. 12, 2019 (GLOBE NEWSWIRE) -- Constellation Brands, Inc. (NYSE: STZ and STZ.B), a leading beverage alcohol company, announced today that it has signed an agreement with Heaven Hill Brands to divest Black Velvet Canadian Whisky and the brand's associated production facility in Lethbridge, Alberta, Canada, along with a subset of Canadian whisky brands produced at that facility. The company expects to receive cash proceeds of approximately $266 million USD, subject to closing adjustments. This transaction is subject to regulatory approvals and is expected to close in the second half of calendar 2019. “We are relentlessly focused on the consumer and building a portfolio of brands consumers love today, while pushing beyond to meet their evolving needs well into the future," said Bill Newlands, Constellation Brands preside
Show less
Read more
Impact Snapshot
Event Time:
STZ
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
STZ alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
STZ alerts
High impacting Constellation Brands, Inc. news events
Weekly update
A roundup of the hottest topics
STZ
News
- Markstein Sales Company Enters 2022 by Expanding and Strengthening its Fight Against Human TraffickingPR Web
- Pink Wine Market Trend, COVID-19 Impact, Current Industry Figures Future Growth by 2026 [MarketWatch]MarketWatch
- Global No-and-Low-Alcohol Beverages Market 2021 Report Examines Recent Trends, Products and Developments, Profiles of Leading Organizations and Key Regions by 2027 [MarketWatch]MarketWatch
- Constellation plant in Mexico may spur $2.6 billion in investment, official says [Reuters]Reuters
- Constellation plant in Mexico may spur $2.6 bln in investment, official says [Financial Post (Toronto, Ontario, Canada)]Financial Post
STZ
Earnings
- 1/6/22 - Beat
STZ
Sec Filings
- 1/6/22 - Form 10-Q
- 1/6/22 - Form 8-K
- 12/2/21 - Form 4
- STZ's page on the SEC website