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Stock impact report

Constellation Brands Expands Non Alcoholic Lineup With Hop Wtr Acquisition [Yahoo! Finance]

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: Yahoo! Finance
Constellation Brands (NYSE:STZ) has acquired full ownership of Hop Wtr, a non-alcoholic sparkling water brand infused with hops and adaptogens. The deal expands STZ's non-alcoholic portfolio at a time when demand for no- and low-alcohol options continues to build. Hop Wtr will sit alongside STZ's existing beer, wine, and spirits businesses as the company responds to moderation and wellness trends. Constellation Brands, best known for beer, wine, and spirits labels, is pushing further into non-alcoholic beverages with Hop Wtr now fully in house. The move comes as more consumers look for moderation, flavor, and functional benefits, which has helped no- and low-alcohol products gain attention across the beverage sector. For investors, the key question is how this broader portfolio might influence STZ's mix over time, especially given recent pressure on organic revenue and returns in core segments. The Hop Wtr deal gives management another lever to address changing preferences, a Show less Read more
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