STZ News and Press, Constellation Brands Inc. From 06/30/23

2023-06-30 09:02:32 ET Constellation Brands' ( NYSE: STZ ) beer business posted a sales increase of 11%, driven by an uplift in shipments of 7.5%. Strong growth was cited for the ModeloEspecial, Modelo Chelada, Corona Extra, and Pacifico brands. The launch of Modelo Oro was also cal...

2023-06-30 07:40:54 ET Constellation Brands ( NYSE: STZ ) declares $0.89/share quarterly dividend , in line with previous. Forward yield 1.44% Payable Aug. 24; for shareholders of record Aug. 10; ex-div Aug. 9. The company has now announced a dividend of $0.89 ...

2023-06-30 07:38:19 ET Constellation Brands press release ( NYSE: STZ ): Q1 Non-GAAP EPS of $2.91 beats by $0.08 . Revenue, net of excise of $2.51B (+6.4% Y/Y) beats by $40M . Updatesfiscal2024reportedEPSoutlookto $9.35-$9.65 and affirmscomparableEPSoutlookof $...

VICTOR, N.Y., June 30, 2023 (GLOBE NEWSWIRE) -- Constellation Brands, Inc. (NYSE: STZ), a leading beverage alcohol company, reported today its first quarter fiscal 2024 financial results. A conference call to discuss the financial results and outlook will be hosted by President and Chief Execut...

2023-06-29 10:10:57 ET Constellation Brands ( NYSE: STZ ) is scheduled to announce Q1 earnings results on Friday, June 30th, before market open. The consensus EPS Estimate is $2.83 (+6.4% Y/Y) and the consensus Revenue Estimate is $2.47B (+4.7% Y/Y). Over the last 2 ye...

2023-06-29 07:21:32 ET Summary Constellation Brands delivered a solid performance in the fiscal year 2023 despite global inflationary pressures but also realized losses in net profit due to growth reinvestments. The beer and spirits maker is expanding production capacity and devel...

2023-06-28 23:45:27 ET Summary Constellation Brands will report its earnings on June 30th. Sentiment towards the stock is largely positive due to recent beer performances by key brands, Mondelo and Corona, and a strong FY2024 earnings forecast. I am cautious of its underperfor...

2023-06-23 15:22:26 ET As the end of the second quarter draws near, a range of notable companies are set to release their earnings reports next week. Leading the pack is Nike ( NYSE: NKE ), the footwear and sports apparel giant. Elsewhere, chip makers Micron Technology ( NASDA...

2023-06-23 15:00:37 ET Welcome to Seeking Alpha's Catalyst Watch - a breakdown of some of next week's actionable events that stand out. Check out Saturday morning's regular Stocks to Watch article for a full list of events planned for the week or the Seeking Alpha earnings calendar ...

2023-06-20 11:31:10 ET Summary It has been a few weeks since we last checked in on Anheuser-Busch InBev SA/NV. While there are value buyers calling for shares to rebound at these levels, we think more downside is ahead. Bud Light no longer the top selling beer in the U.S....