Momentum in Beer Business to Drive Constellation Brands (STZ) [Yahoo! Finance]
Constellation Brands, Inc. (STZ)
Last constellation brands, inc. earnings: 4/3 07:30 am
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Source: Yahoo! Finance
The beer business has been gaining from the robust performances of Modelo Especial, the Modelo Chelada brands, Corona Extra and Pacifico. STZ's beer business showcased an impressive performance, with notable growth in shipment volumes and depletions in fourth-quarter fiscal 2024, indicating a strong and consistent demand for its products. This achievement is particularly significant, as it represents the 56th consecutive quarter of growth in this area, highlighting a stable and growing market presence. The performance of individual beer brands like Modelo Especial and Pacifico, which showed significant depletion growth, highlights its strong market acceptance and growing consumer base. The success of these brands significantly contributes to the company's overall performance and helps diversify its portfolio strength. The Zacks Rank #3 (Hold) company has rallied 16% in the past year against the industry's decline of 10.7%. Image Source: Zacks Investment Research Other Factor
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STZ
News
- Corona® Unveils Refreshed “La Vida Más Fina™” Campaign Starring Pedro Pascal [Yahoo! Finance]Yahoo! Finance
- Constellation Brands Announces Updated Time of Presentation at the Bernstein 40th Annual Strategic Decisions Conference on Wednesday, May 29, 2024 [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Constellation Brands Announces Updated Time of Presentation at the Bernstein 40th Annual Strategic Decisions Conference on Wednesday, May 29, 2024GlobeNewswire
- Constellation Brands to Present at the Bernstein 40th Annual Strategic Decisions Conference on Wednesday, May 29, 2024 [Yahoo! Finance]Yahoo! Finance
- Constellation Brands to Present at the Bernstein 40th Annual Strategic Decisions Conference on Wednesday, May 29, 2024 [Financial Post (Toronto, Ontario, Canada)]Financial Post
STZ
Earnings
- 4/11/24 - Beat
STZ
Sec Filings
- 5/14/24 - Form 4
- 5/7/24 - Form 4
- 5/3/24 - Form 144
- STZ's page on the SEC website