STZ Stock Recent News

Hispanic- and Latino-identifying consumers accounted for 32.5% of Constellation Brands' sales in 2023, data from Numerator and Jefferies shows. Continued loyalty from these shoppers is partly responsible for Modelo hanging onto its spot as the most-bought U.S. beer by dollar share.

ROCHESTER, N.Y., Oct. 08, 2024 (GLOBE NEWSWIRE) -- Constellation Brands (NYSE: STZ), a leading beverage alcohol company, today announced the appointment of E. Yuri Hermida as the company's new Executive Vice President, Chief Growth & Strategy Officer. In this role, Hermida will be responsible for Consumer Insights & Innovation, Digital, Transformation, Media, New Business Ventures, and Strategy & Analytics. He will report directly to Bill Newlands, President and Chief Executive Officer, and will serve as a member of Constellation's executive management committee.

Constellation Brands Inc. NYSE: STZ sells beer, wine and spirits. Its portfolio of alcoholic beverage brands is familiar to anyone who's been to a sports bar, had drinks dining in a restaurant or attended a backyard barbecue on a sweltering summer afternoon.

Last week, Constellation Brands Inc. STZ reported second-quarter adjusted earnings per share of $4.32, beating the analyst consensus of $4.08. Quarterly revenues of $2.92 billion beat the street view of $2.90 billion.

Constellation Brands CEO Bill Newlands, joins 'Mad Money' host Jim Cramer to talk earnings, international business and beer market share.

In a Friday interview with CNBC's Jim Cramer, Constellation Brands CEO Bill Newlands brushed off concerns about the possibility of higher tariffs. Former President Donald Trump has threatened to impose blanket tariffs as high as 20% on imported goods from all countries.

Constellation Brands, Inc. STZ announced upbeat earnings for its second quarter on Thursday.

CNBC's Jim Cramer explains why he is keeping an eye on shares of Constellation Brands.

Constellation Brands Inc (STZ, Financial), a leading beverage alcohol company, filed its 10-Q report on October 3, 2024, revealing a mixed financial performance. The company reported net sales of $5,580.7 million for the six months ended August 31, 2024, a modest increase from the previous year's $5,351.7 million.

Constellation Brands Inc (NYSE:STZ) shares moved more than 4% lower after the producer and marketer of beer, wine and spirits posted mixed results for the second quarter of fiscal 2025. Revenue of $2.92 billion was short of the $2.95 billion expected by Wall Street analysts.