Constellation Brands snaps up California winery Sea Smoke [Yahoo! Finance]
Constellation Brands, Inc. (STZ)
Last constellation brands, inc. earnings: 4/3 07:30 am
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Source: Yahoo! Finance
The Kim Crawford and Ruffino owner described Sea Smoke, based in Santa Rita Hills, as a "one of the pre-eminent Pinot Noir producers in the world". “Not only does Sea Smoke offer a uniquely acclaimed estate vineyard in the Santa Rita Hills AVA but its highly acclaimed wines also align with our target consumer preferences as they continue to shift to the higher end," Sam Glaetzer, the president of Constellation's wine and spirits division, said. Constellation has seen its wine sales come under pressure in recent quarters. When the company published its annual financial results last month, CEO Bill Newlands said the group was preparing for a “reset year” in its fiscal 2025 to improve the performance of its wine-and-spirits businesses. The Svedka vodka owner is set to narrow its focus on “prioritising” 11 “premium and above” wine-and-spirits brands – which represent roughly 75% of the net sales for the division – with additional investment in the next twelve months. Victor Gal
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News
- 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
- Constellation Brands to Present at the Bernstein 40th Annual Strategic Decisions Conference on Wednesday, May 29, 2024GlobeNewswire
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