STZ News and Press, Constellation Brands Inc. From 06/30/22

Shining sales for Corona aided an earnings beat for Constellation Brands ( NYSE: STZ ), while questions over its cannabis investments remain an overhang. The Corona-parent reported non-GAAP EPS of $2.66 for its fiscal first quarter, beating estimates by $0.15, alongs...

VICTOR, N.Y., June 30, 2022 (GLOBE NEWSWIRE) -- Constellation Brands (NYSE: STZ and STZ.B), a leading beverage alcohol company, announced today that following the recommendation of a special committee comprised solely of independent directors, its Board of Directors has approved, and wi...

Constellation Brands ( NYSE: STZ ) declares $0.80/share quarterly dividend , in line with previous. Forward yield 1.31% Payable Aug. 24; for shareholders of record Aug. 10; ex-div Aug. 9. See STZ Dividend Scorecard, Yield Chart, & Dividend Growth. ...

Constellation Brands press release ( NYSE: STZ ): Q1 Non-GAAP EPS of $2.66 beats by $0.15 . Revenue of $2.36B (+16.3% Y/Y) beats by $200M . For FY2023, the company affirms comparable basis EPS of $11.20-$11.50 vs. consensus of $11.13. Operating cash flow to be ...

VICTOR, N.Y., June 30, 2022 (GLOBE NEWSWIRE) -- Constellation Brands, Inc. (NYSE: STZ and STZ.B), a leading beverage alcohol company, reported today its first quarter fiscal 2023 financial results. A conference call to discuss the financial results and outlook will be hosted by Presiden...

VICTOR, N.Y., June 29, 2022 (GLOBE NEWSWIRE) -- Constellation Brands, Inc. (NYSE: STZ and STZ.B), a leading beverage alcohol company, announced today that its indirect, wholly-owned subsidiary, Greenstar Canada Investment Limited Partnership (“Greenstar”), has entered into...

Constellation Brands ( NYSE: STZ ) FQ1 2023 consensus EPS estimate is $2.51 (vs. $2.33 in the year-ago quarter) and consensus revenue estimate is $2.16B (vs. $2.03B a year ago). STZ is scheduled to announce FQ1 earnings results tomorrow, June 30, before market open. ...

In a new assessment of the beverage industry, Goldman Sachs is ordering more Molson Coors (NYSE:TAP) while lowering expectations for Boston Beer Company (NYSE:SAM). The bank’s analyst Bonnie Herzog explained that feedback from channel checks indicated even slower seltzer sales at Bosto...

Food stocks generally outperformed again on Monday as investors continue to take shelter in consumer defensive names. An upgrade from Stephens on Simply Goods Foods (SMPL) to Overweight from Equal-weight and a potential asset sale for TreeHouse Foods (NYSE:THS) were also in the spotlight. Sim...

Constellation Brands (NYSE: STZ) stock is due for a bumpy trading week ahead. The owner of popular U.S. imported beer brands, including Corona and Modelo, will announce its latest earnings results before the market opens on Thursday, and expectations are running high heading into th...