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Constellation Brands Announces Departure of E. Yuri Hermida, Executive Vice President, Chief Growth & Strategy Officer

Mallika Monteiro to serve as interim Chief Growth & Strategy Officer, in addition to her current responsibilities as Executive Vice President, Managing Director – Beer Brands ROCHESTER, N.Y., Feb. 18, 2025 (GLOBE NEWSWIRE) – Constellation Brands (NYSE: STZ), a leading beverage alcohol company, today announced that E. Yuri Hermida, Executive Vice President, Chief Growth & Strategy [...]

Constellation Brands Reports Third Quarter Fiscal 2025 Financial Results

ROCHESTER, N.Y., Jan. 10, 2025 (Korea Bizwire) – Constellation Brands, Inc. (NYSE: STZ), a leading beverage alcohol company, reported today its third quarter fiscal 2025 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 Friday, [...]

Constellation Brands Declares Quarterly Dividend

ROCHESTER, N.Y., Jan. 09, 2025 (Korea Bizwire) – Constellation Brands, Inc. (NYSE: STZ), a leading beverage alcohol company, announced today that on January 8, 2025, its Board of Directors declared a quarterly cash dividend of $1.01 per share of Class A Common Stock payable on February 21, 2025, to stockholders of record as of the close of business [...]

Constellation Brands Announces Revised Date to Report Third Quarter Fiscal 2025 Financial Results; Host Conference Call January 10, 2025

Rescheduled from Thursday, January 9, 2025 in Observance of National Day of Mourning for Former President Jimmy Carter ROCHESTER, N.Y., Jan. 2 (Korea Bizwire) – Constellation Brands, Inc. (NYSE: STZ), a leading beverage alcohol company, announced today a revised date to report its financial results for its third quarter ended November 30, 2024, of Friday, January [...]

Constellation Brands to Report Third Quarter Fiscal 2025 Financial Results; Host Conference Call January 9, 2025

ROCHESTER, N.Y., Dec. 5 (Korea Bizwire) – Constellation Brands, Inc. (NYSE: STZ), a leading beverage alcohol company, announced today it will report financial results for its third quarter ended November 30, 2024, on Thursday, January 9, 2025, before the open of the U.S. markets. A conference call to discuss the financial results and outlook will be [...]

Constellation Brands Agrees to Divest SVEDKA; Continues the Reshaping of Wine & Spirits Portfolio Towards the Higher End

ROCHESTER, N.Y., Dec. 03, 2024 (Korea Bizwire) – Constellation Brands (NYSE: STZ), a leading beverage alcohol company, today announced that it has reached an agreement with global spirits company Sazerac, to divest its SVEDKA brand. This transaction is expected to close in the coming months. The decision builds on the company’s strategic efforts to further align [...]

Constellation Brands to Present at the 2024 Morgan Stanley Global Consumer and Retail Conference on December 3, 2024

ROCHESTER, N.Y., Nov. 25, 2024 (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 2024 Morgan Stanley Global Consumer and Retail Conference on Tuesday, December 3, 2024 in New York, NY. The [...]

Constellation Brands Appoints E. Yuri Hermida as New EVP, Chief Growth & Strategy Officer

ROCHESTER, N.Y., Oct. 8 (Korea Bizwire) – 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 [...]

Constellation Brands Reports Second Quarter Fiscal 2025 Financial Results

ROCHESTER, N.Y., Oct. 03, 2024 (Korea Bizwire) – Constellation Brands, Inc. (NYSE: STZ), a leading beverage alcohol company, reported today its second quarter fiscal 2025 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, [...]

Constellation Brands Updates Fiscal 2025 Outlook

Updates reported EPS guidance to $3.05 – $7.92 and raises lower-end of comparable EPS guidance to $13.60 – $13.80, affirming double-digit comparable EPS growth expectation (1) Updates Enterprise net sales growth to 4% – 6%, reported operating income decline to (68)% – (36)% including an expected Wine and Spirits goodwill impairment loss of approximately $1.5 – [...]