Constellation Brands Reports Fiscal Year and Fourth Quarter 2024 Financial Results and Fiscal Year 2025 Outlook
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Insights
Constellation Brands' release of fiscal year and fourth quarter 2024 financial results is a pivotal moment for investors and stakeholders. As a Financial Analyst, I observe that the performance metrics provided, such as revenue growth, profit margins and earnings per share, can signal the company's operational efficiency and market position. It's essential to dissect the revenue streams, noting any shifts in consumer preferences or distribution channels. The fiscal year 2025 outlook offers foresight into the company's strategic direction and potential growth areas, which are critical for investors looking at long-term value. Analyzing past performance against industry benchmarks can also reveal Constellation Brands' competitive edge or expose areas needing improvement.
From a market research perspective, Constellation Brands' financial results provide valuable insights into the beverage alcohol sector's trends. The data reflects not only the company's standing but also consumer behavior, which can be affected by economic conditions, regulatory changes and shifting tastes. The fourth quarter is particularly telling, as it includes key holiday sales periods. Understanding the nuances of the company's product mix and regional performance is essential. For instance, if premium brands are outperforming value brands, this could indicate a trend towards premiumization in the market.
The financial outcomes of a company like Constellation Brands serve as an economic barometer, given the discretionary nature of alcohol purchases. As an Economist, I would scrutinize the broader economic implications of their results. For example, strong sales might suggest consumer confidence and disposable income levels are high, which bodes well for the overall economy. Conversely, a downturn might signal economic tightening. Additionally, the company's outlook can be juxtaposed with economic forecasts to gauge alignment or divergence, providing a more nuanced understanding of the market's future.
VICTOR, N.Y., April 11, 2024 (GLOBE NEWSWIRE) -- Constellation Brands, Inc. (NYSE: STZ), a leading beverage alcohol company, reported today its fiscal year and fourth quarter 2024 financial results and fiscal year 2025 outlook. 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, April 11, 2024 at 10:30 a.m. EDT. Visit ir.cbrands.com to locate information for joining the conference call, or a live, listen-only webcast of the conference call.
ABOUT CONSTELLATION BRANDS
Constellation Brands (NYSE: STZ) is a leading international producer and marketer of beer, wine, and spirits with operations in the U.S., Mexico, New Zealand, and Italy. Our mission is to build brands that people love because we believe elevating human connections is Worth Reaching For. It’s worth our dedication, hard work, and calculated risks to anticipate market trends and deliver more for our consumers, shareholders, employees, and industry. This dedication is what has driven us to become one of the fastest-growing, large CPG companies in the U.S. at retail, and it drives our pursuit to deliver what’s next.
Every day, people reach for our high-end, iconic imported beer brands such as those in the Corona brand family like the flagship Corona Extra, Modelo Especial and the flavorful lineup of Modelo Cheladas, Pacifico, and Victoria; our fine wine and craft spirits brands including The Prisoner Wine Company, Robert Mondavi Winery, Casa Noble Tequila, and High West Whiskey; and our premium wine brands such as Kim Crawford and Meiomi.
As an agriculture-based company, we have a long history of operating sustainably and responsibly. Our ESG strategy is embedded into our business and our work focuses on serving as good stewards of the environment, enhancing social equity within our industry and communities, and promoting responsible beverage alcohol consumption. These commitments ground our aspirations beyond driving the bottom line as we work to create a future that is truly Worth Reaching For.
To learn more, visit www.cbrands.com and follow us on X, Instagram, and LinkedIn.
| MEDIA CONTACTS | INVESTOR RELATIONS CONTACTS |
| Amy Martin 585-678-7141 / amy.martin@cbrands.com Carissa Guzski 315-525-7362 / carissa.guzski@cbrands.com | Snehal Shah 847-385-4940 / snehal.shah@cbrands.com David Paccapaniccia 585-282-7227 / david.paccapaniccia@cbrands.com |
A PDF containing our Fiscal Year and Fourth Quarter 2024 Financial Results and Fiscal Year 2025 Outlook and full financial tables is available at: http://ml.globenewswire.com/Resource/Download/bea72d59-382b-44cb-8148-3f8782c5361c
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