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ROCHESTER, N.Y., Sept. 08, 2026 (GLOBE NEWSWIRE) -- Constellation Brands (NYSE: STZ), a leading U.S.-based total beverage alcohol company, announced today that it has given notice for full redemption prior to maturity of all of its outstanding 4.350% Senior Notes due 2027 (CUSIP Number: 21036P BK3) to be effected on September 18, 2026. As of September 8, 2026, there were $600.0 million in aggregate principal amount of the notes outstanding.

The redemption price for the notes, payable in cash, will be calculated pursuant to the formula set forth in the supplemental indenture relating to the notes.

This press release shall not constitute a notice of redemption of the notes. Information concerning the terms and conditions of the redemption of the notes is described in the notice distributed to holders of the notes by the trustee under the indenture and the applicable supplemental indenture governing the notes.

ABOUT CONSTELLATION BRANDS
Constellation Brands, a U.S.-based company, is an international producer and marketer of beer, wine, and spirits with operations in the U.S., Mexico, New Zealand, and Italy. Constellation’s brand portfolio includes Modelo Especial, Corona Extra, Modelo Cheladas, Pacifico, Victoria, The Prisoner Wine Company, Robert Mondavi Winery, Kim Crawford, Schrader Cellars, Lingua Franca, Mi CAMPO Tequila, and High West Whiskey.

FORWARD-LOOKING STATEMENTS
This news release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Statements which are not historical facts and relate to future plans, events, or performance, including statements regarding the redemption date and price, are forward-looking statements that are based upon management’s current expectations and are subject to risks and uncertainties. The forward-looking statements should not be construed in any manner as a guarantee that such events or results will in fact occur or will occur on the timetable contemplated hereby. All forward-looking statements speak only as of the date of this news release and Constellation undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. Detailed information regarding risk factors with respect to the company and the offering are included in the company’s filings with the SEC, including the prospectus and prospectus supplement for the offering.

A downloadable PDF copy of this news release can be found here:
http://ml.globenewswire.com/Resource/Download/195be18e-bfed-4296-bbbf-f7f5f6e73cd5

Key Takeaways Constellation Brands is sharpening its focus on premium brands to drive growth and improve margins.Modelo, Corona and Pacifico remain key beer growth drivers, supported by innovation and brand building.Cost efficiency and premiumization are expected to support market share gains and long-term growth. Constellation Brands, Inc. (STZ - Free Report) maintains a strong position in the beer, wine and spirits market, supported by its premium-focused strategy, powerful brand portfolio and disciplined approach to portfolio management. The company offers a diverse range of premium, consumer-focused brands, including Modelo Especial, Corona Extra, Pacifico, Robert Mondavi Winery, Kim Crawford, The Prisoner Wine Company and High West. The strength of these brands positions Constellation Brands to capitalize on evolving consumer preferences and pursue opportunities across the global beverage alcohol market.

The company is focused on high-margin, high-growth segments of the beverage alcohol market, leveraging its direct-to-consumer capabilities and expanding global presence. Its flagship beer brands, including Modelo, Corona and Pacifico, remain important growth drivers and continue to strengthen its position in the U.S. beer market. The company is also investing in its Power Brands through brand-building initiatives, product innovation and new offerings designed to cater to evolving consumer preferences.

Constellation Brands has further sharpened its strategy around its core premium brands across beer, wine and spirits, with the goal of gaining market share, improving margins and driving sustainable long-term growth. Continued investments in brand building, strong beer business performance, premiumization, product innovation and cost-efficiency initiatives are expected to remain important growth and profitability drivers for Constellation Brands.

Hence, Constellation Brands is well-positioned in the beverage alcohol market, supported by its strong premium brand portfolio and focus on high-growth segments. Modelo, Corona and Pacifico remain key beer growth drivers, while brand building, premiumization, innovation and cost-efficiency initiatives are expected to support market share gains, margin expansion and long-term growth.

STZ’s Price Performance, Valuation & EstimatesShares of Constellation Brands have lost 7.7% in the past three months against the industry’s growth of 4.1%.

Image Source: Zacks Investment Research

From a valuation standpoint, STZ trades at a forward price-to-earnings ratio of 10.7X compared with the industry’s average of 15.14X.

Image Source: Zacks Investment Research

The Zacks Consensus Estimate for STZ’s fiscal 2027 and fiscal 2028 earnings per share (EPS) indicates year-over-year growth of 0.2% and 3.7%, respectively. The company’s EPS estimate for fiscal 2027 and fiscal 2028 has been stable in the past 30 days.

Image Source: Zacks Investment Research

Constellation Brands stock currently carries a Zacks Rank #3 (Hold).

Key Consumer Staple PicksThe Chef's Warehouse (CHEF - Free Report) , which is a distributor of specialty food and center-of-the-plate products across the United States, Canada and the Middle East, currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

The Zacks Consensus Estimate for CHEF’s current-year sales indicates growth of 10.6% from the prior-year level. CHEFdelivered a trailing four-quarter earnings surprise of 30.4%, on average.

Medifast, Inc. (MED - Free Report) , which is a leading manufacturer and distributor of clinically-proven healthy living products and programs, currently carries a Zacks Rank #2 (Buy). MED missed the average earnings surprise by a sharp margin in the trailing four quarters.

The Zacks Consensus Estimate for Medifast’s current financial-year sales indicates a decline of 27.3% from the year-ago number.

United Natural Foods (UNFI - Free Report) , which is the leading distributor of natural, organic and specialty food and non-food products, currently has a Zacks Rank of 2.

The Zacks Consensus Estimate for United Natural Foods’ current financial-year sales indicates a drop of 2.1% from the prior-year level. UNFI delivered a trailing four-quarter earnings surprise of 29.9%, on average.

Constellation Brands remains a Buy, with valuation reflecting a solid margin of safety amid persistent macro headwinds and resilient brand performance. STZ reported strong Q1 FY27 results, beating estimates, growing beer business market share, and generating $485M in free cash flow, supporting buybacks and dividends. Guidance for FY27 is largely unchanged, projecting $1.6–$1.7B in free cash flow on ~$800M CAPEX, despite elevated marketing spend and ongoing consumer uncertainty.

Key Takeaways Constellation Brands is focused on premium, high-margin categories to expand market presence.Modelo, Corona and Pacifico remain key growth engines, supported by product innovation and brand investments.STZ is expanding direct-to-consumer and international reach while pursuing cost-saving initiatives. Constellation Brands, Inc. (STZ - Free Report) maintains a solid foothold in the beer, wine and spirits market, driven by its focus on premiumization, a strong lineup of brands and prudent portfolio management. Its portfolio comprises a broad array of consumer-centric, premium labels, such as Modelo Especial, Corona Extra, Pacifico, Robert Mondavi Winery, Kim Crawford, The Prisoner Wine Company and High West. Leveraging the strength of these brands, the company remains well-positioned to meet evolving consumer tastes and benefit from growth opportunities in the global beverage industry.

Constellation Brands is focused on building a portfolio centered on high-margin, fast-growing segments within the beverage alcohol industry, supported by its direct-to-consumer capabilities and expanding global footprint. Its flagship beer brands — Modelo, Corona and Pacifico — remain key growth engines, strengthening the company’s position in the U.S. beer market. Constellation Brands continues to invest in its Power Brands through product innovation and by capitalizing on evolving consumer preferences with successful new offerings.

The company remains well-positioned for long-term growth as it focuses on premium, high-margin categories, with an emphasis on expanding market presence and enhancing profitability. Constellation Brands is refining its wine and spirits portfolio to emphasize higher-end brands with stronger growth and margin potential. The company is also expanding its direct-to-consumer and international reach while pursuing productivity, cost-saving and digital initiatives to improve operational efficiency.

At its core, Constellation Brands is well-positioned to capitalize on the ongoing shift toward premium beverages, backed by a strong portfolio of category-leading brands and a clear focus on growth. A strong beer portfolio, ongoing brand investments, premiumization strategy, innovations and cost-saving initiatives provide important support for STZ’s continued growth and long-term value creation.

STZ’s Price Performance, Valuation & EstimatesShares of Constellation Brands have lost 15% in the past six months compared with the industry’s decline of 4.3%.

Image Source: Zacks Investment Research

From a valuation standpoint, STZ trades at a forward price-to-earnings ratio of 11.09X compared with the industry’s average of 14.97X.

Image Source: Zacks Investment Research

The Zacks Consensus Estimate for STZ’s fiscal 2027 and fiscal 2028 earnings per share (EPS) indicates year-over-year growth of 0.2% and 3.7%, respectively. The company’s EPS estimate for fiscal 2027 and fiscal 2028 has moved north in the past 30 days.

Image Source: Zacks Investment Research

Constellation Brands stock currently carries a Zacks Rank #3 (Hold).

Key Consumer Staple PicksThe Chefs' Warehouse, Inc. (CHEF - Free Report) , which is a distributor of specialty food products in the United States, currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

The Zacks Consensus Estimate for Chefs' Warehouse's current financial-year sales indicates growth of 10.6% from the prior-year level. CHEF delivered a trailing four-quarter earnings surprise of 30.4%, on average.

Darling Ingredients Inc. (DAR - Free Report) , which produces sustainable natural ingredients derived from edible and inedible bio-nutrients, currently sports a Zacks Rank of 1.

The consensus estimate for Darling Ingredients’ current financial-year sales is expected to rise 12.8% from the year-ago reported figure. DAR delivered a trailing four-quarter earnings surprise of 38.9%, on average.

Utz Brands, Inc. (UTZ - Free Report) , which is a leading manufacturer of a diverse portfolio of salty snacks, currently carries a Zacks Rank #2 (Buy). UTZ delivered a trailing four-quarter earnings surprise of 1.8%, on average.

The Zacks Consensus Estimate for UTZ’s current financial-year sales indicates a jump of 3.7% from the year-ago number.

ROCHESTER, N.Y., Aug. 19, 2026 (GLOBE NEWSWIRE) -- Constellation Brands, Inc. (NYSE: STZ), a leading U.S.-based total beverage alcohol company, today announced an incremental $100 million investment over the next five years to support U.S. farmers in Idaho, Montana, and North Dakota, reinforcing the company’s long-term commitment to American agriculture and the vital role it plays in sustaining America’s iconic beer industry. The investment includes incremental purchases from American farmers and initiatives designed to help strengthen the future of these U.S. farming communities.

This investment reflects the company’s continued commitment to U.S. farmers as they face sustained pressure from declining acreage, shifting demand, rising input costs, and weather-related challenges that have made it harder for many growers to maintain and expand their businesses. Barley, corn, and hops remain essential to the American beer industry and its extensive and multifaceted supply chain inclusive of U.S. farmers, maltsters, brewers, distributors, retailers, transportation and logistics partners, and local communities across the country.

As part of this investment, Constellation Brands will partner with growers in Idaho, Montana, and North Dakota to identify opportunities that help sustain their farming operations for the long term. The company is establishing Constellation’s Farmers Future, a grower-led advisory committee that will bring together farmers, trade groups, and community leaders to help inform investments intended to strengthen agricultural resilience and the domestic agricultural supply chain.

“U.S. barley, corn, and hops farmers are an essential part of the American economy and foundational to our business,” said Nicholas Fink, President and Chief Executive Officer of Constellation Brands. “Their work supports communities, drives economic activity across the supply chain, and makes it possible for our products to reach consumers across the country. We have deep respect for the persistence and expertise of these growers, especially after several challenging years for American farming, and we remain committed to continuing to support this foundational part of our supply chain.”

Constellation Brands already invests more than $750 million annually with American farmers and suppliers, including purchasing approximately 80% of all U.S. barley exports. This commitment is part of the company’s broader economic impact in the U.S., where it invests more than $4.2 billion annually in employee wages, capital expenditures, and U.S. taxes. The company’s operations also support more than 100,000 American jobs across its supply chain.

As part of this initiative, Constellation Brands will partner with growers and agricultural partners to determine how its investment can help support farm resiliency, market access, sustainability, and the continued economic vitality of farming communities in key producing states.

"Idaho is proud to be one of the top barley-producing states in the nation, and this investment from Constellation Brands is great news for our farmers and rural communities. Our growers work hard every day to supply the barley that fuels a critical American industry. This kind of long-term partnership recognizes their contribution to Idaho and the U.S. economy,” said Idaho Governor Brad Little (R-ID).

“North Dakota has a long and proud history as a barley-growing powerhouse, and we appreciate Constellation Brands investing in our farmers so they can continue to play a pivotal role in the U.S. beverage industry well into the future,” said North Dakota Governor Kelly Armstrong (R-ND).

“Idaho is the nation’s leading producer of barley, and it is an important part of our state’s agricultural economy. An investment in Idaho barley is an investment in thousands of Idaho jobs and a commitment to American-grown crops. I commend this good news for Gem State growers,” said Idaho Senator Mike Crapo (R-ID).

"Idaho's barley farmers are an important anchor in our agricultural economy and communities. This investment will support jobs and keep costs low for farmers across the Gem State as they help to feed the world,” said Idaho Senator Jim Risch (R-ID).

"Montana's barley farmers are the backbone of our agricultural economy. This announcement comes at a critical time for our growers, and it shows what's possible when American companies invest in American farmers. I appreciate Constellation Brands' commitment to Montana and the Trump administration's continued focus on strengthening U.S. agriculture,” said Montana Governor Greg Gianforte (R-MT).

"Ag is Montana’s top industry, and the hard work of our farmers and ranchers puts food on the table for millions of families across the country and around the world. The future of Montana relies heavily on our ag community, and investments like this will be critical to protect and promote Montana agriculture,” said Montana Senator Steve Daines (R-MT).

“Montana’s farmers feed America, support good-paying jobs, and keep our rural communities strong. This investment is a major vote of confidence in Montana barley growers and will help family farms stay competitive and pass their operations on to the next generation. I’m proud to see Constellation Brands doubling down on Montana agriculture,” said Montana Senator Tim Sheehy (R-MT).

“North Dakota is a leading producer of barley, with our farmers producing more than 28 million bushels last year. We appreciate this $100 million, five-year investment in North Dakota and the surrounding states’ barley industries. Our barley production is integral to the U.S. brewing industry and this investment will benefit both of these important industries,” said North Dakota Senator John Hoeven (R-ND), Chairman of the Senate Agriculture Appropriations Committee.

“North Dakota is a leader in American barley and corn production, and today’s announcement from Constellation Brands is a long-term investment in the farmers who make that success possible. Our grain growers strengthen our national agricultural economy and supply chains, and they deserve the support to keep their farms resilient and sustainable,” said North Dakota Senator Kevin Cramer (R-ND). 

“Montana's farmers are the best in the world, and they deserve strong partners who are willing to invest in their future. I appreciate Constellation Brands’ continued commitment to Montana barley growers. Investments like this strengthen our agricultural economy and create more certainty for the producers who keep it moving,” said Montana Congressman Troy Downing (R-MT).

“Thank you to Constellation for their recognition of and investment in Montana agriculture. Montana farmers grow some of the best products available. This expansion will build on the already strong ag economy and further strengthen our ag security. Bravo Zulu to all,” said Montana Congressman Ryan Zinke (R-MT).

“I’m thrilled to see the $100 million investment supporting American barley farmers and strengthening the supply chain. As the nation’s leading barley-producing state, Idaho growers are powering our economy. I’m excited to celebrate this great news with barley growers nationwide,” said Idaho Congressman Mike Simpson (R-ID).

“I’m thrilled to see Constellation Brands expanding its commitment to American agriculture through increased support for barley, hops, and corn farmers across Idaho, Montana, and North Dakota. Idaho is a leading producer of these vital crops, and this initiative will further strengthen our agricultural sector, give growers a greater voice, and support farming communities across our state,” said Idaho Congressman Russ Fulcher (R-ID).

“This announcement helps deliver exactly what our farmers are asking for: more local markets. North Dakota’s barley, corn, and hops growers are proud to produce a quality product that is used and enjoyed right here in our own country. This is very welcome news from Constellation Brands right as producers are harvesting their fields. Thank you,” said North Dakota Congresswoman Julie Fedorchak (R-ND).

“Constellation Brands current and future support for our agricultural community comes at a critical time. Our sustainable future depends on committed partners, innovative products and new markets for American farmed barley and wheat, inside and outside of the U.S. We appreciate the continued steadfast support of Constellation Brands in support of our growers and look forward to working with them and other great companies who support our future,” said the Idaho Barley Commission, Montana Wheat and Barley Committee, and the North Dakota Barley Council in a joint statement.

“Strong markets and committed end users are critical to the future of U.S. barley production. We welcome continued investment in American barley growers and appreciate Constellation Brands’ commitment to engaging producers as these initiatives are developed. Investments that expand opportunities for U.S. grown barley and strengthen our rural communities are important to the long-term success of our growers,” said the Montana Grain Growers.

ABOUT CONSTELLATION BRANDS
Constellation Brands (NYSE: STZ), a U.S. headquartered company, is a leading 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 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 brands from our high-end, imported beer portfolio anchored by the iconic Corona Extra and Modelo Especial, a flavorful lineup of Modelo Cheladas, and favorites like Pacifico, and Victoria; our exceptional wine brands including The Prisoner Wine Company, Robert Mondavi Winery, Kim Crawford, Schrader Cellars, and Lingua Franca; and our craft spirits brands such as Mi CAMPO Tequila and High West Whiskey. 

As an agriculture-based company, we strive to operate in a way that is sustainable and responsible. Our strategy is embedded into our business, and we focus on serving as good stewards of the environment, investing in our communities, and promoting responsible beverage alcohol consumption. We believe these aspirations in support of our longer-term business strategy allow us to contribute to a future that is truly Worth Reaching For. 

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

FORWARD-LOOKING STATEMENTS
This news release contains forward-looking statements. All statements other than statements of historical fact are forward-looking statements. The word “expect” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These statements may relate to business strategy, future operations, prospects, plans, and objectives of management, including the amount, timing, beneficiaries, and results of the investment to support U.S. farmers and agricultural partners, including planned purchases, initiatives, and opportunities to help sustain farming operations, the company’s continuing commitment to U.S. farmers and American agriculture, the establishment and goals of Constellation’s Farmers Future grower-led advisory committee, and the role and contributions of U.S. farmers and agricultural partners in the U.S. beverage industry, as well as information concerning expected actions of third parties. All forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those set forth in, or implied by, such forward-looking statements.

The forward-looking statements are based on management’s current expectations and should not be construed in any manner as a guarantee that any of the events anticipated by the forward-looking statements will in fact occur or will occur on the timetable contemplated hereby. All forward-looking statements speak only as of the date of this news release and Constellation Brands does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

In addition to risks and uncertainties associated with ordinary business operations, the forward-looking statements contained in this news release are subject to other risks and uncertainties, including the accuracy of all projections and other factors and uncertainties disclosed from time-to-time in Constellation Brands’ filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the fiscal year ended February 28, 2026, which could cause actual future performance to differ from current expectations.

A downloadable PDF copy of this news release can be found here:
http://ml.globenewswire.com/Resource/Download/fa769f6c-5589-4af2-b6c4-809d16979609

17.8.2026 22:06

Po rekordech z minulého týdne začíná ten nový v opatrnostním módu. I nadále investoři ostře sledují napjatou situaci na Blízkém Východě, rostoucí ceny ropy a tento týden je to především zápis z červencového zasedání FED. Očekávaný růst sazeb se postupně zaceňuje do cen dluhopisů. Pokračuje výsledková sezóna tento týden zaměřená na maloobchodní giganty.

Index Dow Jones -0,51 % na 53459,78 b.
S&P 500 -0,52 % na 7745,06 b.
Nasdaq Composite -0,32 % na 26644,91 b.

Index S&P 500 -0,52 % na 7745,06 b. Nejsilnější sektory S&P Změna Nejslabší sektory S&P Změna Energie +0,9 % Komunikační služby -1,5 % Informační technologie -0,2 % Nezbytná spotřeba -1,5 % Průmysl -0,2 % Finanční sektor -1 % Nejsilnější akcie S&P Změna Nejslabší akcie S&P Změna Sandisk Corp (SNDK) +8,9 % Carvana (CVNA) -7,3 % Coherent Corp (COHR) +7,8 % Charter Communications (CHTR) -6,6 % Comfort Systems USA (FIX) +6,0 % Constellation Brands (STZ) -6,2 % Teradyne (TER) +5,8 % Align Technology (ALGN) -5,6 % Applied Materials (AMAT) +5,6 % Trade Desk (TTD) -5,2 %
Martin Varecha
Fio banka, a.s.
Prohlášení

Posted by Defense World Staff on Jul 27th, 2026

Arrowstreet Capital Limited Partnership trimmed its holdings in shares of Constellation Brands Inc (NYSE:STZ – Free Report) by 61.4% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 490,146 shares of the company’s stock after selling 778,526 shares during the period. Arrowstreet Capital Limited Partnership owned approximately 0.28% of Constellation Brands worth $73,522,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Brighton Jones LLC lifted its holdings in shares of Constellation Brands by 23.0% during the 4th quarter. Brighton Jones LLC now owns 1,001 shares of the company’s stock valued at $221,000 after buying an additional 187 shares during the period. Woodline Partners LP purchased a new stake in Constellation Brands during the first quarter valued at $2,409,000. Cary Street Partners Financial LLC increased its position in Constellation Brands by 69.9% during the second quarter. Cary Street Partners Financial LLC now owns 1,026 shares of the company’s stock valued at $167,000 after acquiring an additional 422 shares during the last quarter. Bank of Nova Scotia lifted its holdings in Constellation Brands by 3.6% in the second quarter. Bank of Nova Scotia now owns 17,347 shares of the company’s stock valued at $2,822,000 after acquiring an additional 599 shares during the period. Finally, Daiwa Securities Group Inc. lifted its holdings in Constellation Brands by 5.0% in the second quarter. Daiwa Securities Group Inc. now owns 23,732 shares of the company’s stock valued at $3,861,000 after acquiring an additional 1,127 shares during the period. Institutional investors own 77.34% of the company’s stock.

Analyst Upgrades and Downgrades STZ has been the subject of a number of recent research reports. Jefferies Financial Group set a $147.00 price target on Constellation Brands in a research note on Thursday, July 2nd. Royal Bank Of Canada reissued an “outperform” rating and issued a $185.00 price objective on shares of Constellation Brands in a report on Thursday, July 2nd. Roth Capital reaffirmed a “buy” rating and set a $209.00 target price on shares of Constellation Brands in a report on Thursday, July 2nd. Wells Fargo & Company decreased their price target on shares of Constellation Brands from $185.00 to $170.00 and set an “overweight” rating on the stock in a research report on Monday, June 29th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of Constellation Brands in a research note on Monday, May 4th. Eleven analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $167.53.

Read Our Latest Research Report on STZ

Constellation Brands Stock Performance Shares of NYSE STZ opened at $130.19 on Monday. The stock has a market cap of $22.23 billion, a PE ratio of 12.42, a price-to-earnings-growth ratio of 4.05 and a beta of 0.39. Constellation Brands Inc has a 1 year low of $126.45 and a 1 year high of $176.32. The firm has a fifty day moving average price of $139.46 and a 200-day moving average price of $149.27. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.91 and a quick ratio of 0.48.

Constellation Brands (NYSE:STZ – Get Free Report) last issued its earnings results on Tuesday, June 30th. The company reported $3.43 earnings per share for the quarter, missing the consensus estimate of $3.70 by ($0.27). Constellation Brands had a return on equity of 25.58% and a net margin of 18.87%.The firm had revenue of $2.43 billion during the quarter, compared to the consensus estimate of $2.39 billion. During the same period in the prior year, the company posted $3.22 EPS. The company’s quarterly revenue was down 3.3% on a year-over-year basis. Constellation Brands has set its FY 2027 guidance at 11.200-11.900 EPS. Equities analysts anticipate that Constellation Brands Inc will post 11.84 earnings per share for the current fiscal year.

Constellation Brands Dividend Announcement The firm also recently announced a quarterly dividend, which will be paid on Thursday, August 13th. Investors of record on Thursday, July 30th will be given a dividend of $1.03 per share. The ex-dividend date is Thursday, July 30th. This represents a $4.12 annualized dividend and a dividend yield of 3.2%. Constellation Brands’s dividend payout ratio (DPR) is currently 39.31%.

Insider Activity In related news, EVP James O. Bourdeau sold 4,407 shares of Constellation Brands stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $143.24, for a total transaction of $631,258.68. Following the sale, the executive vice president owned 9,109 shares of the company’s stock, valued at approximately $1,304,773.16. This trade represents a 32.61% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 12.20% of the company’s stock.

Constellation Brands Profile (Free Report)

Constellation Brands, Inc is a leading producer and marketer of beer, wine and spirits, with operations spanning production, importation, marketing and distribution. The company’s beverage portfolio includes a range of premium and mainstream wines and spirits alongside major imported beer brands; in the U.S. market Constellation is widely known for its role in bringing Mexican imports such as Corona and Modelo to American consumers. Constellation supplies retail, on‑premise and foodservice channels and supports its brands with national sales and marketing platforms and supply‑chain capabilities.

The company traces its roots to the Canandaigua Wine Company, founded by Marvin Sands in 1945, and evolved through organic growth and acquisition into a diversified beverage company.

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Constellation Brands: Beer Growth and Buybacks Mask Stock's SlumpConstellation Brands NYSE: STZ held its 2026 annual meeting of stockholders on July 22, with shareholders approving all items presented for a vote, according to preliminary results announced during the meeting.

Nick Fink, president and chief executive officer of Constellation Brands, opened the virtual meeting and said company materials, including the 2026 proxy statement, 2026 annual report, agenda and rules of conduct, were available on the meeting website. He also directed shareholders to the company’s investor relations website for recently reported first-quarter fiscal 2027 financial results and other updates on strategy, performance and outlook.

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Willing and Abel: Berkshire's New CEO Makes Huge Portfolio Changes in Q1Brian Bennett, assistant corporate secretary, conducted the business portion of the meeting. He said the company had a quorum and that the polls opened at 11:02 a.m. Eastern Time. Bennett also noted that the meeting could include forward-looking statements subject to risks and uncertainties, including those described in Constellation’s filings with the Securities and Exchange Commission.

Shareholders Elect 12 Directors Shareholders were asked to elect 12 director nominees to serve one-year terms expiring at the 2027 annual meeting of stockholders. Bennett said no other nominations were received under the company’s bylaws and proxy statement procedures.

Spirits on the Rocks? The Battle for Jack DanielsThe nominees elected, based on preliminary voting results, were:

Christopher J. Baldwin Christy Clark Jennifer M. Daniels Nicholas I. Fink E. Morgan Flatley William T. Giles Ernesto M. Hernández Jose Manuel Madero Garza Daniel J. McCarthy Richard Sands Robert Sands Luca Zaramella The board had recommended that shareholders vote in favor of each nominee.

Accounting Firm, Executive Pay and Incentive Plan Approved In addition to the director elections, shareholders ratified the selection of KPMG LLP as Constellation Brands’ independent registered public accounting firm for the fiscal year ending Feb. 28, 2027. Bennett said representatives of KPMG were present and available to respond to appropriate shareholder questions during the meeting.

Shareholders also approved, on an advisory basis, the compensation of the company’s named executive officers as disclosed in the proxy statement. The board had recommended approval of the measure.

The fourth proposal, approval of the company’s amended and restated long-term stock incentive plan, was also approved by shareholders based on the preliminary voting results. The board had recommended that shareholders vote in favor of the plan.

Bennett said final voting results will be disclosed in a Form 8-K filing with the SEC. After reporting the preliminary outcomes, he adjourned the meeting, stating that there was no further business to come before shareholders.

About Constellation Brands (NYSE:STZ)Constellation Brands, Inc is a leading producer and marketer of beer, wine and spirits, with operations spanning production, importation, marketing and distribution. The company's beverage portfolio includes a range of premium and mainstream wines and spirits alongside major imported beer brands; in the U.S. market Constellation is widely known for its role in bringing Mexican imports such as Corona and Modelo to American consumers. Constellation supplies retail, on‑premise and foodservice channels and supports its brands with national sales and marketing platforms and supply‑chain capabilities.

The company traces its roots to the Canandaigua Wine Company, founded by Marvin Sands in 1945, and evolved through organic growth and acquisition into a diversified beverage company.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].

Should You Invest $1,000 in Constellation Brands Right Now?Before you consider Constellation Brands, you'll want to hear this.

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Fans during the Spain-Belgium game on Friday. (Florencia Tan Jun/Getty Images)

Saturday will see Norway and England face off in the 2026 World Cup quarterfinals, as will Argentina and Switzerland. But while the games will take place in Miami, Fla., and Kansas City, Mo., respectively, the excitement is mostly elsewhere, after the U.S. was knocked out of the tournament earlier this week. Investors looking for a World Cup bump might be feeling similarly let down.

Constellation Brands Today

STZ

Constellation Brands

$131.04 +0.70 (+0.54%)

As of 02:00 PM Eastern

This is a fair market value price provided by Massive. Learn more.

52-Week Range$126.45▼

$178.13Dividend Yield3.14%

P/E Ratio12.54

Price Target$167.89

Constellation Brands NYSE: STZ delivered its fiscal year 2027 Q1 report on June 30 with mixed results. Revenue of $2.43 billion beat expectations for $2.39 billion. However, Constellation missed the bottom line, reporting adjusted earnings per share (EPS) of $3.43, below expectations of $3.70.

However, the earnings figure was higher year over year (YOY). Plus, management raised its full-year reported EPS outlook to $11.50 to $12.20 and reaffirmed comparable guidance of $11.20 to $11.90. At the midpoint, the reported EPS would be 23% higher YOY.

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That hasn’t done much to satisfy investors. As of the market close on July 8, STZ continues to trade near multi-year lows around $130, keeping shares below their 200-day moving average of roughly $146, and the stock's MACD remains in negative territory.

When it comes to earnings reports, investors often pay too much attention to what the company did and not enough to its future outlook. In the case of Constellation Brands, that’s a disconnect that’s worth examining. Particularly, as STZ is trading approximately 29% below the analysts’ consensus price target of $167.89.

Constellation's Beer Business Continues to Drive GrowthConstellation's beer segment, anchored by Modelo Especial and Corona Extra, grew net sales 2% on a 1.8% increase in shipment volumes. Operating margin held roughly flat at 39%. Depletions, a measure of what's actually moving off store shelves, dipped by a modest 0.3%. The company remained the top dollar-share gainer in the U.S. beer category during the quarter, with five of the 15 top share-gaining brands nationally.

Wine and Spirits told a more complicated story. Reported net sales fell 47%, but that decline is almost entirely a function of last year's divestiture of a large chunk of the mainstream wine portfolio. Strip that out, and organic net sales actually grew 8%, with depletions up 6.6%. The Kim Crawford brand’s depletions grew by roughly 4%, while Mi CAMPO Tequila surged 62%. The segment's operating loss narrowed sharply, improving 140 basis points to a margin of negative 0.7%.

Constellation Challenges the GLP-1 Bear CaseOverall MarketRank™98th Percentile

Analyst RatingHold

Upside/Downside29.2% Upside

Short Interest LevelHealthy

Dividend StrengthStrong

News Sentiment0.18 Insider TradingSelling Shares

Proj. Earnings Growth3.47%

See Full Analysis

A popular bear thesis for beer and wine stocks holds that GLP-1 weight-loss drugs are suppressing overall drinking. Constellation's numbers argue against that story, at least for now. If GLP-1 adoption were driving a broad pullback in alcohol consumption, beer volumes should be falling alongside wine and spirits. Instead, beer shipments grew, and organic sales and depletions for wine and spirits both increased.

This suggests that Constellation Brands is adjusting to the changing tastes of consumers. That's different from a company stuck in a doom loop of declining consumer demand.

What shows up in the numbers is lower pressure on the income ladder. Management described a "discerning and value-conscious consumer mindset," particularly among lower-income households, as gas prices rose more than 50% nationally during the quarter.

That's the K-shaped economy playing out in real time: a bifurcated consumer base, with higher-end brands with strong equity, like Modelo and Kim Crawford, continuing to find buyers even as lower-income households pull back elsewhere.

Constellation Rewards Shareholders With Buybacks and DividendsConstellation returned over $400 million to shareholders during the quarter. That was split between $324 million in year-to-date share repurchases and a quarterly dividend of $1.03 per share. Management is targeting a comparable net leverage ratio of approximately 3x while continuing to fund the construction of a third brewery in Veracruz, Mexico. Operating cash flow rose 4% to $662 million, and free cash flow increased 9% to $485 million.

New CEO Nicholas Fink Outlines Constellation's Growth StrategyThis was the first earnings report with Nicholas Fink as President and Chief Executive Officer (CEO). Fink used the earnings commentary to lay out an occasion-based growth strategy. The plan centers on understanding when, where, and why consumers choose specific brands, rather than treating growth purely as a distribution or pricing exercise.

Fink singled out Modelo Especial's continued distribution runway and relatively low brand awareness as a specific opportunity, alongside continued investment in fast-growing Pacifico and Mi CAMPO.

Constellation Stock Offers Value for Patient InvestorsAt roughly 11x, Constellation trades at a discount that looks reasonable for a defensive consumer name with a dominant beer franchise and an improving wine-and-spirits business. The stock's continued technical weakness suggests the market hasn't fully priced in the operating improvement yet.

To be fair, risks remain. Wine and Spirits still operates near breakeven, tariff exposure on agricultural inputs is an ongoing concern the company flags directly in its filings, and the broader beverage alcohol category faces real questions about long-term consumption trends.

But this quarter's results suggest the pressure so far is more about consumer selectivity than a structural retreat from alcohol altogether. For patient investors, Constellation's combination of earnings growth, aggressive capital returns, and a still-skeptical stock chart is worth watching closely.

Should You Invest $1,000 in Constellation Brands Right Now?Before you consider Constellation Brands, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Constellation Brands wasn't on the list.

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Constellation Brands trades at a discounted valuation, but beer strength must outweigh wine and spirits weakness and a cautious fiscal 2027 outlook.

Spotting a Bottom in BeerConstellation Brands recently reported fiscal first-quarter adjusted earnings of $3.43 per share, topping Wall Street expectations of $3.25. The beat was driven by 1.8% shipment growth and strong margins in its core beer business, which includes hit brands like Modelo Especial and Corona Extra.

Cramer, however, views the sell-off as a drastic overreaction. While acknowledging the recent negative sentiment around spirits, he argued that Constellation’s latest report “was one of the first that even remotely smacked of a bottom, especially in beer.”

“I think there was enough here to say that we got a bottom in earnings,” Cramer noted. Pointing to the severity of the market’s reaction, he added, “but this historic thin trader fell nearly $7 today, 130 and change.”

Capitalizing on Collateral DamageWith the stock’s valuation compressed, Cramer is explicitly bullish on the Corona and Modelo maker. “I think it’s a steal down here,” Cramer emphasized, contrasting the current valuation with past highs.

Cramer quickly dismissed this headwind, stating, “And no, I am not worried about World Cup sales being down because Mexico lost in the World Cup. Hey, by the way, that defeat is now in the stock today.”

Ultimately, Cramer views Constellation Brands as “collateral damage” in a broader market rotation, calling it a “great place to do some buying.”

How Has STZ Performed In 2026?Constellation Brands shares have declined 5.28% year-to-date, 7.26% over the last month, and 24.16% over the year. It closed 4.94% lower at $130.68 apiece on Monday, and it was up 0.24% in overnight trading.

Benzinga’s Edge Stock Rankings indicate that STZ maintains a weak price trend in the long, short, and medium terms, with a good growth score.

Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

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6.7.2026 22:30

Americké akciové indexy vykázaly v úvodní seanci po prodlouženém víkendu kladnou bilanci v čele s technologickým Nasdaqem (+1,12 %). Širší index S&P500 přidal 0,72 % a Dow Jones 0,29 %. Mírný zisk registrovaly také dluhopisy vyjma nejdelších maturit. Výnos 10letého vládního bondu se posunul na 4,47 % z pátečních 4,48 %. V červeném uzavřely drahé kovy. Zlato odepsalo 0,3 % na 4162 USD/oz, stříbro končilo slabší o 0,64 % na 62 USD/oz. V energetickém sektoru se dařilo zemnímu plynu, který zpevnil téměř o 1,7 % na 3,25 USD/mmbtu. Ropa končila beze změny na 68,7 USD/barel.

Závěrečné hodnoty:

Index Dow Jones 0,29 % na 53055,91 b.
Index Nasdaq Composite 1,12 % na 26121,16 b.
Index S&P 500 +0,72 % na 7537,43 b.

Nejsilnější sektory S&P Změna Nejslabší sektory S&P Změna Sektor komunikací +1,6 % Zdravotní péče -1,2 % Informační technologie +1,3 % Utility -1,1 % Nezbytná spotřeba +1 % Reality -0,9 % Nejsilnější akcie S&P Změna Nejslabší akcie S&P Změna Arista Networks (ANET) +8,3 % O'Reilly Automotive (ORLY) -6,7 % Western Digital (WDC) +7,1 % AutoZone (AZO) -6,4 % Tesla (TSLA) +6,7 % Alexandria Real Estate Equities (ARE) -5,2 % Advanced Micro Devices (AMD) +6,6 % Constellation Brands (STZ) -4,9 % NetApp (NTAP) +6,1 % Tractor Supply (TSCO) -4,8 % Zdroj: Reuters

David Lamač
Fio banka, a.s.
Prohlášení

Chart created using Benzinga Pro

Shares of the Modelo and Corona maker have formed a Death Cross. The STZ stock saw its 50-day moving average slip below the 200-day moving average, a pattern technical traders often interpret as confirmation that longer-term downside momentum is taking hold.

Strong Quarter, Weak ReactionConstellation reported fiscal first-quarter adjusted earnings of $3.43 per share on $2.43 billion in revenue, topping Wall Street expectations. Its beer business, which accounts for roughly 91% of net sales, remained the bright spot, with Modelo Especial and Corona continuing to gain market share and supporting healthy margins.

But investors looked beyond the headline beat.

Management maintained a cautious tone, citing an uneven consumer spending environment and reaffirmed an organic net sales growth outlook of between down 1% and up 1% for the full year. While reported EPS guidance moved higher, the muted revenue outlook suggested demand could remain choppy even as the company continues restructuring its wine and spirits portfolio.

The market’s response reflected those concerns, with STZ remaining under pressure despite the earnings beat.

STZ Stock Chart Turns BearishThe technical picture has now become harder to ignore.

STZ’s newly formed Death Cross signals that recent weakness has begun to outweigh its longer-term trend. The stock continues to trade below both its 50-day and 200-day moving averages, while momentum indicators remain tilted toward the bears after nearly a 20% decline over the past year.

For traders, the pattern doesn’t guarantee further downside, but it often reinforces negative sentiment when fundamentals are already in question.

Berkshire Was Already Heading for the ExitLong before the Death Cross appeared, Berkshire Hathaway had already made its move.

Under CEO Greg Abel, Berkshire slashed its Constellation Brands stake by roughly 95%, reducing its holding from about 13.4 million shares to just over 632,000 shares. What was once a multi-billion-dollar investment now represents only a tiny fraction of Berkshire’s equity portfolio.

The decision came even as Berkshire realized a substantial loss on the position, underscoring management’s willingness to reallocate capital rather than wait for a consumer recovery.

Constellation still boasts leading beer brands, strong cash generation, and an active shareholder return program. But the combination of cautious consumer spending, muted growth expectations, and a deteriorating technical setup suggests investors remain unconvinced that one earnings beat is enough to change the narrative.

With Berkshire already having largely moved on, the Death Cross may only reinforce the market’s wait-and-see approach.

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The Corona parent posted adjusted earnings of $3.43 per share, exceeding the consensus estimate of $3.21. Revenue rose to $2.43 billion, above analysts’ expectations of $2.39 billion.

Constellation reaffirmed its fiscal-year adjusted EPS guidance of $11.20 to $11.90, compared with the consensus estimate of $11.75.

Bank of America Lowers Price ForecastFollowing the earnings report, Bank of America analyst Peter Galbo lowered his price forecast on Constellation Brands to $145 from $152 while maintaining an Underperform rating.

While improving profitability is a plus, the firm expects uncertain beer demand to keep the stock range-bound. Reflecting a strong first-quarter beat, the firm slightly lifted its fiscal 2027 EPS forecast to $11.70 (up from $11.57).

The analyst said the biggest unanswered question following earnings is whether beer depletions, a measure of consumer sales, will remain strong through the rest of the summer after a weak first quarter.

June sales improved, helped by the FIFA World Cup and New York Knicks celebrations in key Constellation markets. However, Galbo cautioned that demand could weaken if those temporary catalysts fade without broader consumer momentum.

Bank of America expects the company to reverse much of its first-quarter shipment build later in fiscal 2027, particularly in the third quarter. While that timing shift should have little effect on full-year beer sales estimates, it could weigh on quarterly growth comparisons.

The firm said profit and margin expectations now appear less risky after the earnings report. Still, it believes the stock is unlikely to break out until revenue growth improves.

Bank of America forecasts fiscal 2027 adjusted earnings of $11.70 per share, followed by $12.28 in fiscal 2028 and $13.16 in fiscal 2029. It expects beer operating margins to come under pressure in the second and third quarters because of higher marketing spending and selling, general and administrative expenses.

The analyst also reiterated concerns about soft beer industry demand, pressure on Constellation’s core Hispanic consumer base and slower long-term alcohol consumption trends, saying those factors continue to justify a discount in the stock’s valuation.

Constellation Brands Price ActionSTZ Stock Price Activity: Constellation Brands shares were up 0.31% at $135.50 at the time of publication on Thursday, according to Benzinga Pro data.

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Peter Andersen addresses newfound instability in what was considered a once stable trade: alcohol. He believes current worldwide events will offer a notable boost to the alcohol industry, though he's not confident that demand will hold long-term.

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The Dow just closed out its best first half since 2021, up 8.7% year-to-date, yet Wednesday’s open felt like a nervous glance at the door. CNBC’s Dominic Chu kicked off July with mixed earnings, one big M&A shrug, and a jobs report that gave the bulls something to chew on.

Chu flagged the labor data. “ADP this morning reported that 98,000 jobs were added last month, that was below the consensus for economists of 110,000,” A miss of that size lands on top of a labor market quietly softening for a year. The Bureau of Labor Statistics has unemployment at 4.3% for three straight months, up from 3.9% in May 2024.

The Sahm Rule currently reads 0.10, well below the 0.50 recession trigger, though it spiked to 0.43 in November 2025 before easing back. Consumer sentiment tells a scarier story. The University of Michigan index just printed 44.8, down 5.0 points month-over-month and closing in on recessionary territory below 60. Kalshi traders are pricing a 21% probability that rates stay above 4.25% by the January 27, 2027 FOMC meeting, which means the crowd expects cuts.

Software’s redemption tour with Salesforce and ServiceNow “Software giants Salesforce and ServiceNow are both up around 4%… after Guggenheim upgraded both stocks to a buy rating,” Chu noted, citing attractive valuations and the argument that both companies can weather AI disruption. Salesforce (NYSE:CRM | CRM Price Prediction) needed the boost. The stock is down 35% year-to-date at $163, a brutal contrast to the underlying business, which delivered Q1 FY27 EPS of $3.88 versus the $3.13 consensus and Agentforce ARR of $1.2 billion, up 205% year-over-year. Marc Benioff announced a $25 billion accelerated share repurchase, which is management speak for “we think this is silly.”

ServiceNow (NYSE:NOW) sits in the same penalty box, down 28% YTD despite Q4 revenue growing 20.7% year-over-year to $3.57 billion. Bill McDermott bought Moveworks, agreed to buy Armis and Veza, and keeps insisting agentic AI is a tailwind. The Q4 filing guides FY26 subscription revenue to $15.53 billion to $15.57 billion. Guggenheim is essentially saying the fundamentals have decoupled from the stock price, and the share price has to catch up.

Nike beats, China bleeds “Nike shares are down 1% after the apparel company reported a 12% sales decline in the key China market,” Chu said. Technically, Nike (NYSE:NKE) crushed the number, posting EPS of $0.72 versus the $0.1273 consensus, but that beat came almost entirely from a $986 million one-time IEEPA tariff-recovery benefit following the Supreme Court ruling.

Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Salesforce didn't make the cut. Grab the names FREE today.

Strip that out and the picture is uglier. Revenue slipped 1.1% year-over-year, NIKE Direct fell 7%, and Converse dropped 32%. Elliott Hill called fiscal 2026 a foundation-strengthening year in the earnings release. Shares are down 73% over five years.

Constellation pops, Kroger sags on the Giant Eagle deal Constellation Brands (NYSE:STZ) posted Q1 comparable EPS of $3.43 beating the $3.21 estimate and organic net sales growing 3%. Pacifico depletions rose 21% and Victoria climbed 14%, offsetting softness in Modelo Especial and Corona Extra. Full-year comparable EPS guide of $11.20 to $11.90 was affirmed.

Kroger (NYSE:KR) went down after announcing it will acquire Giant Eagle for roughly $1.7 billion. New CEO Greg Foran is trying to reset the story after the Albertsons collapse. Q1 adjusted EPS of $1.58 came in a penny light of the $1.59 estimate snapped a four-quarter beat streak. Shares are down 10.7% YTD.

What to watch as H2 begins Wage growth is still hot at $37.53 in May 2026 versus $36.28 a year prior, hiring is cooling, sentiment is at recession-adjacent levels, and the Dow just had its best six months in five years. Keep an eye on Friday’s official BLS report. If it confirms the ADP softness, the Fed conversation shifts fast, and the software rally may finally get the multiple expansion the fundamentals have been begging for.

Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Salesforce didn't make the cut. Grab the names FREE today.

Contact [email protected] for any questions or corrections.

Key Takeaways Constellation Brands beat Q1 earnings and sales estimates despite a 3% decline in net sales.Beer sales rose nearly 2% on shipment growth and pricing, with Pacifico and Victoria depletions up.STZ raised its FY27 reported EPS outlook and still expects $2.4B-$2.5B in operating cash flow. Constellation Brands, Inc. (STZ - Free Report) reported first-quarter fiscal 2027 results, wherein the top and bottom lines surpassed the Zacks Consensus Estimate. The company’s sales declined year over year, but earnings improved from the year-ago period.

The fiscal first quarter reflected steady execution across Constellation Brands’ core businesses, with earnings benefiting from improved profitability, disciplined cost management and continued strength in the beer portfolio. The Beer business remained a key driver, supported by shipment growth, favorable pricing and strong share gains across tracked U.S. channels, even as some flagship brands faced softer depletion trends. The Wine and Spirits business continued to reflect the impact of portfolio divestitures, but its remaining brands delivered organic growth and outperformed the broader category.

Comparable earnings per share (EPS) of $3.43 rose 7% year over year in the fiscal first quarter and surpassed the Zacks Consensus Estimate of $3.22. On a reported basis, the company’s EPS was $3.79 compared with $3.43 reported in the year-earlier quarter.

Net sales declined 3% year over year to $2.433 billion but surpassed the Zacks Consensus Estimate of $2.404 billion. Organic net sales increased 3% year over year.

STZ’s Q1 Performance DetailsConstellation Brands' sales for the beer business jumped nearly 2% year over year to $2.28 billion, backed by a rise of 1.8% in shipment volumes and favorable pricing. Depletions fell 0.3% as declines for Modelo Especial of just 2% and Corona Extra of about 5% were more than offset by increases from Pacifico, Victoria and the Modelo Chelada brands of nearly 21%, 14% and 6%, respectively.

Sales in the wine and spirits segment plunged 47% year over year to $149.2 million in the fiscal first quarter. The decline mainly reflected a 64.1% drop in shipment volumes tied to the 2025 Wine Divestitures.

On an organic basis, wine and spirits net sales rose 8%. Organic shipments increased 7.7%, while depletions grew 6.6%, led by gains of approximately 4% for Kim Crawford and 62% for Mi CAMPO Tequila. The wine and spirits portfolio outpaced the total wine and spirits category in both dollar and volume sales across Circana U.S. tracked channels.

The Zacks Consensus Estimate for the company's beer, and wine and spirits segments is currently pegged at $2.27 billion and $149 million, respectively.

Peeking Into Constellation Brands’ MarginsSTZ's comparable operating income came in at $834.2 million, up 6% year over year. Reported operating income rose 18% to $845.3 million, while reported operating margin expanded 630 basis points (bps).

Operating income for the beer segment rose 2% year over year to $891.4 million. The segment operating margin was 39%, nearly flat year over year, as shipment volume growth and favorable pricing were offset by unfavorable mix and higher marketing and other SG&A spending.

The wine and spirits segment reported an operating loss of $1.1 million, as compared to the loss of $6 million in the year-ago quarter.

STZ’s Financial Position Seems StrongAs of March 31, 2026, Constellation Brands’ cash and cash equivalents were $96.6 million, long-term debt (excluding current maturities) was $9 billion and total shareholders’ equity (excluding non-controlling interest) was $8.5 billion. The company generated an operating cash flow of $662 million and an adjusted free cash flow of $485 million in fiscal 2026.

STZ’s board announced a quarterly dividend of $1.03 per share for Class A shares on June 30, 2026. The dividend is payable on Aug. 13 to its shareholders of record as of July 30, 2026.

The company returned more than $400 million to its shareholders through share repurchases and dividends. It repurchased $324 million of shares year to date through June 2026.

Constellation Brands still forecasts an operating cash flow of $2.4-$2.5 billion for fiscal 2027. It expects free cash flow of $1.6-$1.7 billion. STZ plans to incur capital expenditures of $800 million in fiscal 2027.

Constellation Brands’ FY27 ExpectationsLooking forward, Constellation Brands updated its fiscal 2027 reported EPS outlook to $11.50-$12.20, up from the previous estimate of $11.10-$11.80. The company expects comparable EPS of $11.20-$11.90 for fiscal 2027 compared with $11.82 earned in fiscal 2026.

Enterprise and wine & spirits growth (decline) net sales assumptions for fiscal 2027 exclude $142 million for the March 1, 2025, to June 1, 2025, period. These are no longer part of the year-over-year results following the 2025 Wine Divestitures.

STZ projects enterprise organic net sales growth (decline) of (1)%-1%, beer net sales growth (decline) of (1)%-1%, and wine & spirits business organic net sales growth (decline) of (1)%-1%. Enterprise operating margin on a reported and comparable basis is projected to be 32-33%, with beer operating margin of 37-38% and wine & spirits operating margin of 5-6%.

Shares of this Zacks Rank #3 (Hold) company have lost 1.5% in the past six months against the industry’s growth of 17.1%.

STZ's Stock's Price Performance
Image Source: Zacks Investment Research

Stocks to ConsiderARKO Corp. (ARKO - Free Report) operates a chain of convenience stores in the United States. ARKO currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

The Zacks Consensus Estimate for ARKO's current fiscal-year sales implies a decline of 2.8%, while the same for current fiscal-year earnings implies growth of 93.3% from the year-ago reported figures. ARKO delivered a trailing four-quarter earnings surprise of 43.2%, on average.

Fomento Economico Mexicano (FMX - Free Report) is a leading multinational consumer company with operations spanning proximity retail, fuel, health, digital financial services, logistics and distribution, while also holding a controlling stake in Coca-Cola FEMSA, the world's largest Coca-Cola franchise bottler. The company presently flaunts a Zacks Rank #1.

FMX delivered a trailing four-quarter negative earnings surprise of 17%, on average. The Zacks Consensus Estimate for FMX’s current financial-year sales and EPS indicates growth of 17.3% and 115.4%, respectively, from the year-ago reported numbers.

The Coca-Cola Company (KO - Free Report) is a global beverage giant with a portfolio of more than 4,700 beverage products (and more than 500 brands), ranging from sodas (or sparkling beverages) to energy drinks. KO currently carries a Zacks Rank #2 (Buy).

 The Zacks Consensus Estimate for Coca-Cola’s 2026 sales and earnings indicates growth of 3% and 8.7%, respectively, from the year-ago reported numbers. KO delivered a trailing four-quarter earnings surprise of 4.5%, on average.

Constellation Brands demonstrates solid fundamentals and resilience, outperforming expectations with Q1 results and maintaining attractive free cash flow yields. STZ's beer division continues to gain market share and sustain a 39% operating margin, even amid U.S. macro headwinds and cautious consumer behavior. Despite modest top-line growth and ongoing macro risks, STZ's valuation—around 12x forward P/E and a 7%+ free cash flow yield—offers compelling shareholder return potential.

Food and beverage volume trends were lower as the quarter progressed, Chief Executive Nicholas Fink said, reflecting the effects of higher gas prices from the war in Iran on top of years of inflation.

For the quarter ended May 2026, Constellation Brands (STZ - Free Report) reported revenue of $2.43 billion, down 3.3% over the same period last year. EPS came in at $3.43, compared to $3.22 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $2.4 billion, representing a surprise of +1.21%. The company delivered an EPS surprise of +6.4%, with the consensus EPS estimate being $3.22.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Constellation Brands performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

Net Sales- Wine and Spirits: $149.2 million versus $142.2 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -46.8% change.Net Sales- Beer: $2.28 billion versus the four-analyst average estimate of $2.27 billion. The reported number represents a year-over-year change of +2.2%.Operating Income- Wine and Spirits: $-1.1 million compared to the $-1.37 million average estimate based on four analysts.Operating Income- Corporate Operations and Other: $-56.1 million compared to the $-59.68 million average estimate based on four analysts.Operating Income- Beer: $891.4 million compared to the $877.84 million average estimate based on four analysts.View all Key Company Metrics for Constellation Brands here>>>

Shares of Constellation Brands have returned +2.5% over the past month versus the Zacks S&P 500 composite's -1.8% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.

STZ stock is moving. Watch the price action here. Constellation Brands reported quarterly earnings of $3.43 per share, which beat the consensus estimate of $3.21 by 6.85%, according to Benzinga Pro data.

Quarterly revenue clocked in at $2.43 billion, which beat the Street estimate of $2.39 billion.

“I see significant runway to continue growing our leading brands with an even greater emphasis on
understanding consumer occasions and relevance — increasingly looking at our business through the lens of when, where and why consumers are choosing our brands,” said CEO Nicholas Fink.

“I believe Modelo Especial continues to have a significant opportunity ahead of it, supported by both distribution expansion and relatively low unaided awareness for a brand of its scale. With Corona Extra, we are focused on driving excitement and engagement with one of the highest brand equity and most loved brands in the industry,” Fink added.

Looking AheadConstellation Brands affirmed its fiscal year adjusted EPS guidance of $11.20 to $11.90, versus the $11.75 analyst estimate.

STZ Stock Price Activity: According to data from Benzinga Pro, Constellation Brands stock was up 2.09% to $142 in Tuesday’s extended trading.  

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June 30, 2026 1:32 AM 1 min read

Nike, Constellation Brands And 3 Stocks To Watch Heading Into TuesdayWith U.S. stock futures trading lower this morning on Tuesday, some of the stocks that may grab investor focus today are as follows:

Check out our premarket coverage here

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Constellation Brands, Inc. (NYSE:STZ) will release earnings for its first quarter after the closing bell on Tuesday, June 30.

Analysts expect the Rochester, New York-based company to report quarterly earnings of $3.25 per share, up from $3.22 per share in the year-ago period. The consensus estimate for Constellation’s quarterly revenue is $2.4 billion. It reported $2.52 billion last year, according to Benzinga Pro.

Ahead of quarterly earnings, JPMorgan analyst Drew Levine maintained Constellation Brands at Neutral and raised the price target from $168 to $169 on Thursday.

With the recent buzz around Constellation, some investors may be eyeing potential gains from the company’s dividends too. As of now, Constellation Brands has an annual dividend yield of 2.85%, with a quarterly dividend of $1.03 per share ($4.12 per year).  

So, how can investors leverage its dividend yield to pocket a regular $500 monthly?

To earn $500 per month or $6,000 annually from dividends alone, you would need an investment of approximately $210,319 or around 1,456 shares. For a more modest $100 per month or $1,200 per year, you would need $42,035 or around 291 shares.

To calculate: Divide the desired annual income ($6,000 or $1,200) by the dividend ($4.12 in this case). So, $6,000 / $4.12 = 1,456 ($500 per month), and $1,200 / $4.12 = 291 shares ($100 per month).

Note that dividend yield can change on a rolling basis, as the dividend payment and the stock price both fluctuate over time.

How that works: The dividend yield is computed by dividing the annual dividend payment by the stock’s current price.

For example, if a stock pays an annual dividend of $2 and is currently priced at $50, the dividend yield would be 4% ($2/$50). However, if the stock price increases to $60, the dividend yield drops to 3.33% ($2/$60). Conversely, if the stock price falls to $40, the dividend yield rises to 5% ($2/$40).

Similarly, changes in the dividend payment can impact the yield. If a company increases its dividend, the yield will also increase, provided the stock price stays the same. Conversely, if the dividend payment decreases, so will the yield.

STZ Price Action: Shares of Constellation Brands rose 1% to close at $144.45 on Thursday.

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Wall Street analysts expect Constellation Brands (STZ - Free Report) to post quarterly earnings of $3.28 per share in its upcoming report, which indicates a year-over-year increase of 1.9%. Revenues are expected to be $2.42 billion, down 3.9% from the year-ago quarter.

The current level reflects a downward revision of 0.1% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.

Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.

While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.

With that in mind, let's delve into the average projections of some Constellation Brands metrics that are commonly tracked and projected by analysts on Wall Street.

The consensus among analysts is that 'Net Sales- Wine and Spirits' will reach $142.20 million. The estimate indicates a change of -49.3% from the prior-year quarter.

Based on the collective assessment of analysts, 'Net Sales- Beer' should arrive at $2.28 billion. The estimate suggests a change of +2.2% year over year.

Analysts expect 'Operating Income- Beer' to come in at $897.55 million. The estimate compares to the year-ago value of $873.40 million.

View all Key Company Metrics for Constellation Brands here>>>

Over the past month, Constellation Brands shares have recorded returns of -0.5% versus the Zacks S&P 500 composite's -1.4% change. Based on its Zacks Rank #4 (Sell), STZ will likely underperform the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .