Constellation Brands, Inc.

$19.00

SKU: STZ-1 Category:

Description

Constellation Brands surpassed the revenue expectations as well as the earnings expectations of Wall Street. The beer business showed accelerating shares during crucial summer holidays. Strategic investments aim to enhance brand awareness, shelf space, and household penetration in the latter part of the year. Modelo Especial drove outstanding performance, achieving double-digit volume growth and reinforcing its position as the leading US beer brand. Other Modelo brands, including Cheladas and Oro, also exhibited impressive growth. Corona Extra and Pacifico, the core beer brands, demonstrated robust performance with solid growth in depletion and tracked channel volumes. Looking ahead, Constellation Brands anticipates sustained momentum in the beer business, driven by consumer trends like premiumization and the growth of the Hispanic population. Plans to address distribution gaps and introduce innovative products align with the long-term outlook, with further details to be shared at the upcoming Investor Day. Simultaneously, the wine and spirits business advances its vision of becoming a higher-end market leader. Premium wine brands Meiomi and Kim Crawford outperform their categories, along with fine wine and craft spirits brands. The outlook for fiscal 2024 is optimistic, driven by the resilience of the beer business and the evolving success of the Wine & Spirits strategy.

Our Report Structure:

⦁ Company Overview
⦁ Investment Thesis
⦁ Key Drivers
⦁ Historical Quarterly Statement Analysis – Income Statement & Cash Flows
⦁ Historical Quarterly Balance Sheet Analysis
⦁ Historical Annual Financial Statement Analysis
⦁ Analysis Of Key Financial Ratios
⦁ Financial Forecasts For 3 Years
⦁ Forecasting The Capital Structure & Net Debt
⦁ Discounted Cash Flow Valuation
⦁ Trading Multiples
⦁ Key Risks
⦁ Disclosures

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