VICTOR, N.Y., Nov. 29 (Korea Bizwire) – Constellation Brands, Inc. (NYSE: STZ), a leading beverage alcohol company, announced today that Garth Hankinson, Executive Vice President and Chief Financial Officer, will participate in a fireside chat at the 2023 Morgan Stanley Global Consumer and Retail Conference on Tuesday, December 5, 2023 in New York, NY. The presentation [...]
VICTOR, N.Y., Nov. 03, 2023 (Korea Bizwire) – Constellation Brands, Inc. (NYSE: STZ), a leading beverage alcohol company, announced today the expiration of all its warrants (“Warrants”) to purchase common shares (“Common Shares”) of Canopy Growth Corporation (“Canopy”). All 88,472,861 Tranche A warrants held by Constellation’s wholly-owned subsidiary, CBG Holdings LLC (“CBG”), expired as of November [...]
Beer Business Medium-Term ~7-9% Net Sales Growth and ~39-40% Operating Margins Outlook Unchanged Wine & Spirits Business Now Expects Medium-Term ~1-3% Net Sales Growth and ~25-26% Operating Margins Company Targeting Annual Low Double-Digit Diluted EPS Growth (Excluding Canopy EIE) Over Medium-Term Expects Cumulative $15-17B Operating Cash Flow and $10-12B Free Cash Flow from Fiscal 2024 [...]
Having surpassed its prior target ahead of plan, Constellation further advances water stewardship efforts; shares progress against core commitments for environmental stewardship and social impact. VICTOR, N.Y., Oct. 24, 2023 (Korea Bizwire) – Constellation Brands, Inc. (NYSE: STZ), a leading beverage alcohol company, today announced the release of its 2023 ESG Impact Report and expanded target to restore [...]
VICTOR, N.Y., Oct. 05, 2023 (Korea Bizwire) – Constellation Brands, Inc. (NYSE: STZ), a leading beverage alcohol company, reported today its second quarter fiscal 2024 financial results. A conference call to discuss the financial results and outlook will be hosted by President and Chief Executive Officer, Bill Newlands, and Chief Financial Officer, Garth Hankinson, on Thursday, [...]
VICTOR, N.Y., Aug. 31 (Korea Bizwire) – Constellation Brands, Inc. (NYSE: STZ), a leading beverage alcohol company, announced today it will report financial results for its second quarter ended August 31, 2023, on Thursday, October 5, 2023, before the open of the U.S. markets. A conference call to discuss the financial results and outlook will be [...]
VICTOR, N.Y., Aug. 22 (Korea Bizwire) — Constellation Brands, Inc. (NYSE: STZ), a leading beverage alcohol company, announced today that Garth Hankinson, Executive Vice President and Chief Financial Officer, will participate in a fireside chat at the 2023 Barclays Global Consumer Staples Conference on Wednesday, September 6 in Boston, MA. The presentation is scheduled to [...]
VICTOR, N.Y., Aug. 22 (Korea Bizwire) — Constellation Brands (NYSE: STZ), a leading beverage alcohol company, announced today that it will host its Investor Day on Thursday, November 2, 2023, at the New York Stock Exchange in New York City. The event is scheduled to begin at 2:00 p.m. EDT and is expected to provide [...]
VICTOR, N.Y., July 18 (Korea Bizwire) – Constellation Brands, Inc. (NYSE: STZ), a leading beverage alcohol company, today announced the election of Luca Zaramella, Chief Financial Officer of Mondelēz International, and William (Bill) T. Giles, former Chief Financial Officer of AutoZone, to the company’s Board of Directors effective July 18, 2023, following the conclusion of the [...]
VICTOR, N.Y., July 6 (Korea Bizwire) – Constellation Brands, Inc. (NYSE: STZ), a leading beverage alcohol company, today announced that Rob Sands will retire from his role as Chair of Constellation’s Board of Directors and will not stand for re-election as Board Chair following the company’s Annual Meeting of Stockholders on July 18, 2023. Sands will [...]