Constellation Brands Reports Second Quarter Fiscal 2023 Financial Results

Rhea-AI Summary

Constellation Brands (NYSE: STZ and STZ.B) announced its second quarter fiscal 2023 financial results on October 6, 2022. The company is a leader in the beverage alcohol sector, known for brands like Corona and Modelo. A conference call with CEO Bill Newlands and CFO Garth Hankinson will be held to discuss these results and outlook. Constellation aims to deliver growth through a strong product portfolio and commitment to innovation.

Positive

• Strong brand portfolio including high-demand products like Corona and Modelo.
• Positioned as one of the fastest-growing large CPG companies in the U.S.

Negative

• None.

VICTOR, N.Y., Oct. 06, 2022 (GLOBE NEWSWIRE) -- Constellation Brands, Inc. (NYSE: STZ and STZ.B), a leading beverage alcohol company, reported today its second quarter fiscal 2023 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, October 6, 2022 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
At Constellation Brands (NYSE: STZ and STZ.B), our mission is to build brands that people love because we believe sharing a toast, unwinding after a day, celebrating milestones, and helping people connect, are Worth Reaching For. It’s worth our dedication, hard work, and the bold calculated risks we take to deliver more for our consumers, trade partners, shareholders, and communities in which we live and work. It’s what has made us one of the fastest-growing large CPG companies in the U.S. at retail, and it drives our pursuit to deliver what’s next.

Today, we are a leading international producer and marketer of beer, wine, and spirits with operations in the U.S., Mexico, New Zealand, and Italy. Every day, people reach for our high-end, iconic imported beer brands such as Corona Extra, Corona Light, Corona Premier, Modelo Especial, Modelo Negra, and Pacifico, 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 Meiomi, and Kim Crawford.

But we won’t stop here. Our visionary leadership team and passionate employees from barrel room to boardroom are reaching for the next level, to explore the boundaries of the beverage alcohol industry and beyond. Join us in discovering what’s Worth Reaching For.

To learn more, visit www.cbrands.com and follow us on Twitter, Instagram, and LinkedIn.

A PDF containing our Second Quarter Fiscal 2023 Results and full financial tables is available at: http://ml.globenewswire.com/Resource/Download/ad82658b-4176-44c5-bf05-31c53b66a749

MEDIA CONTACTS	INVESTOR RELATIONS CONTACT
Mike McGrew 773-251-4934 / michael.mcgrew@cbrands.com Amy Martin 585-678-7141 / amy.martin@cbrands.com	Joseph Suarez 773-551-4397 / joseph.suarez@cbrands.com David Paccapaniccia 585-282-7227 / david.paccapaniccia@cbrands.com

FAQ

What were the second quarter fiscal 2023 financial results for Constellation Brands (STZ, STZ-B)?

Detailed financial results were not provided in the release, but the company will discuss them during the conference call.

When is the conference call for Constellation Brands' second quarter results?

The conference call is scheduled for October 6, 2022, at 10:30 a.m. EDT.

Which brands does Constellation Brands (STZ, STZ-B) produce?

Constellation Brands produces popular brands like Corona, Modelo, and various premium wines and spirits.