Constellation Brand a Aktie News

Alcoholic-beverage giant Constellation Brands Inc. on Thursday announced a number of moves intended to further distance itself from struggling Canadian cannabis producer Canopy Growth Corp., following a multibillion-dollar investment in the pot company several years ago.

VICTOR, N.Y., April 18, 2024 (GLOBE NEWSWIRE) -- Constellation Brands, Inc. (NYSE: STZ), a leading beverage alcohol company, announced today that its indirect, wholly-owned subsidiaries, Greenstar Canada Investment Limited Partnership (“Greenstar”) and CBG Holdings LLC (“CBG”), have converted (the "Conversion”) their common shares (“Common Shares”) of Canopy Growth Corporation (“Canopy”) into n...

Constellation Brands CEO Bill Newlands told CNBC's Jim Cramer on Thursday how the company plans to improve its wine and spirits division.

Constellation Brands, Inc. (NYSE:STZ ) Q4 2024 Earnings Conference Call April 11, 2024 10:30 AM ET Company Participants Snehal Shah - Director of Investor Relations Bill Newlands - President and Chief Executive Officer Garth Hankinson - Chief Financial Officer Conference Call Participants Nik Modi - RBC Capital Markets Dara Mohsenian - Morgan Stanley Bryan Spillane - Bank of America Lauren Lieb...

Constellation Brands (STZ) stock rose in early trading Thursday as the beverage company reported better-than-expected fourth-quarter fiscal 2024 earnings, driven by a rise in beer sales.

Constellation Brands Inc. NYSE: STZ stock is up 2.4% in early trading after the adult beverages company reported a double beat in its fourth quarter 2023 earnings report. Revenue of $2.14 billion topped estimates for $2.10 billion.

Constellation Brands forecast annual profit above Wall Street expectations on Thursday, banking on resilient demand for its core beer brands despite sticky inflation.

Corona Extra seller Constellation Brands Inc (NYSE:STZ) climbed in pre-market dealings after beating revenue and earnings expectations for the fourth quarter. Revenue climbed 7% to US$2.14 billion over the final quarter, the beverage maker reported on Thursday, outdoing Wall Street expectations of US$2.10 billion.