Welcome to our dedicated page for Constelltn Bnds news (Ticker: STZ), a resource for investors and traders seeking the latest updates and insights on Constelltn Bnds stock.
Constellation Brands (STZ) is a leading international producer of premium alcoholic beverages, renowned for its strategic market presence and iconic brands. This page serves as your centralized source for official company announcements, financial updates, and industry developments.
Access real-time insights into STZ's business trajectory through curated press releases covering earnings reports, product innovations, sustainability initiatives, and strategic partnerships. Investors will find essential updates on shareholder value drivers, while industry professionals gain visibility into market trends shaped by the company's operations.
Our news collection features:
- Quarterly financial results and analyst commentary
- Product portfolio expansions across beer, wine, and spirits categories
- Strategic investments in emerging market segments
- Operational milestones and distribution network updates
For stakeholders tracking the alcoholic beverage sector, this resource offers reliable information directly from corporate sources. Bookmark this page to maintain informed perspectives on STZ's market position and industry leadership.
Constellation Brands (NYSE: STZ) has announced leadership changes in its Human Resources department. Paula Erickson will join as Executive Vice President and Chief Human Resources Officer effective April 21, 2025, replacing current CHRO Kris Carey, who will depart in May 2025.
Erickson, a beverage alcohol industry veteran, will oversee HR business partnership, global talent initiatives, HR operations, and global total rewards programs. She previously served as CHRO at Beam Suntory Inc., where she managed talent strategy through major transformations including Suntory Holdings' acquisition, COVID pandemic response, and corporate headquarters relocation.
Carey, who served nearly 12 years with Constellation, will remain in an advisory capacity briefly to ensure a smooth leadership transition. CEO Bill Newlands expressed confidence in Erickson's leadership, citing her proven track record in evolving organizational talent strategies and operating models.
Constellation Brands (NYSE: STZ), a leading beverage alcohol company, announced it will report its fiscal year and fourth quarter 2025 financial results, along with providing outlook guidance for fiscal years 2026 to 2028. The company has scheduled a conference call on April 10, 2025, at 10:30 a.m. ET to discuss these results.
The conference call will be hosted by President and CEO Bill Newlands and CFO Garth Hankinson. Interested parties can access the call details or listen to a live webcast through the company's investor relations website at ir.cbrands.com.
Constellation Brands (NYSE: STZ) has announced a strategic agreement with The Wine Group to divest its mainstream wine brands and facilities, focusing on premium offerings priced $15 and above. The transaction is expected to close after Q1 FY2026, pending regulatory approval.
The retained portfolio includes prestigious brands like Robert Mondavi Winery, Schrader, The Prisoner Wine Company, and Kim Crawford - the #1 Sauvignon Blanc in the U.S. The company will also keep its craft spirits portfolio including High West whiskey and Casa Noble tequila.
Brands being divested include Woodbridge, Meiomi, Robert Mondavi Private Selection, Cook's, SIMI, and J. Rogét sparkling wine. The company is undertaking an organizational restructuring expected to deliver net annualized cost savings exceeding $200 million by FY2028, with most changes completed within FY2026.
Constellation Brands (NYSE: STZ), a leading beverage alcohol company, has scheduled its full fiscal year and fourth quarter 2025 financial results announcement for April 9, 2025, after U.S. markets close. The company will release its earnings report, financial tables, and supporting materials on their investor relations website at ir.cbrands.com.
A live conference call for analysts will be held on April 10, 2025, at 10:30 a.m. ET, featuring President and CEO Bill Newlands and EVP/CFO Garth Hankinson. The call can be accessed by dialing +1-877-407-9121 with conference ID 13752140. A live webcast will be available on the company's investor relations website, along with GAAP financial measures and reconciliations with non-GAAP metrics.
Constellation Brands (NYSE: STZ) announced that E. Yuri Hermida, Executive Vice President and Chief Growth & Strategy Officer, will leave the company on February 28, 2025. Mallika Monteiro, currently Executive Vice President and Managing Director of Beer Brands, will serve as interim Chief Growth & Strategy Officer while maintaining her current responsibilities.
Monteiro, who previously held the Chief Growth & Strategy Officer position, will oversee the Growth team's operations during this transition period. The change comes as Hermida departs to pursue career interests outside the organization.
Constellation Brands (NYSE: STZ), a leading beverage alcohol company, announced its third quarter fiscal 2025 financial results on January 10, 2025. The company will hold a conference call to discuss the results and outlook, hosted by President and CEO Bill Newlands and CFO Garth Hankinson, at 10:30 a.m. ET. Investors can access the conference call details or join a live, listen-only webcast through the company's investor relations website at ir.cbrands.com.
Constellation Brands (NYSE: STZ) has announced a quarterly cash dividend declaration. The company's Board of Directors approved a dividend of $1.01 per share of Class A Common Stock on January 8, 2025. The dividend will be paid on February 21, 2025, to stockholders who are on record as of the close of business on February 7, 2025.
Constellation Brands (NYSE: STZ) has rescheduled its third quarter fiscal 2025 financial results announcement to Friday, January 10, 2025, before U.S. markets open. The change from the original January 9 date is due to the national day of mourning for former President Jimmy Carter.
President and CEO Bill Newlands and CFO Garth Hankinson will host a conference call at 10:30 a.m. ET on January 10 to discuss financial results and outlook. The call will be accessible via phone (+1-877-407-9121, conference ID: 13750414) starting at 10:20 a.m. ET, with a live webcast available on the company's investor relations website. Financial information and GAAP reconciliations will be posted on the website, with a replay available afterward.
Constellation Brands (NYSE: STZ) has announced it will report its third quarter fiscal 2025 financial results on Thursday, January 9, 2025, before U.S. markets open. The company will host a conference call at 10:30 a.m. ET on the same day, featuring President and CEO Bill Newlands and CFO Garth Hankinson.
Investors can access the call by dialing +1-877-407-9121 with conference ID 13750414. A live webcast will be available on the company's investor relations website, along with financial information and GAAP reconciliations. A replay will be provided for those unable to attend.
Constellation Brands (NYSE: STZ) has announced an agreement to sell its SVEDKA brand to global spirits company Sazerac as part of its strategic portfolio restructuring. The transaction, expected to close in the coming months, aligns with Constellation's strategy to focus on premium and fine wine and craft spirits segments. This move follows the company's recent divestments of popular and mainstream wine and spirits brands, aiming to optimize their portfolio and accelerate business performance in higher-end market sectors.
