Constellation Brands to reduce brewery operations in Mexico after government deems it non-essential [MarketWatch]
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: MarketWatch
Constellation Brands Inc. said Wednesday it is reducing brewery production in Mexico to a level "that safeguards the environment and avoids irreversible impact to its operations." The move comes after the Mexican government deemed beer brewing a non-essential activity during the coronavirus pandemic. "This move is consistent with actions taken by other brewers in Mexico and will help ensure the company's ability to restore operations once Mexico's federal government lifts restrictions placed upon the business community in response to the COVID-19 outbreak," the company said in a statement. Chief Executive Bill Newlands told analysts on the company's earnings call last week that the company would continue brewing in Mexico, even after rivals shut their plants down. Newlands said the company has 70 days worth of inventory, about 80% of which is in the U.S. Constellation is the owner of the Corona beer brand, among others. Shares rose 2.8% premarket, but are down 21% in the year to date,
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
- A Look At Constellation Brands (STZ) Valuation After Its Earnings Beat And Guidance Reaffirmation [Yahoo! Finance]Yahoo! Finance
- How Investors May Respond To Constellation Brands (STZ) Earnings Beat Amid Buybacks And Dividend Steadiness [Yahoo! Finance]Yahoo! Finance
- Is Constellation Brands Poised to Gain Share Amid Category Headwinds? [Yahoo! Finance]Yahoo! Finance
- Jim Cramer on Constellation Brands: “Too Soon for Me, But I Don't Think You're Crazy If You Want to Start a Small Position” [Yahoo! Finance]Yahoo! Finance
- 1 Profitable Stock with Competitive Advantages and 2 We Find Risky [Yahoo! Finance]Yahoo! Finance
STZ
Earnings
- 1/7/26 - Beat
STZ
Sec Filings
- 1/8/26 - Form 10-Q
- 1/7/26 - Form 8-K
- 11/14/25 - Form SCHEDULE
- STZ's page on the SEC website