Investors interested in Beverages - Alcohol stocks are likely familiar with Constellation Brands (STZ) and Diageo (DEO) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The proven Zacks Rank puts an emphasis on earnings estimat ...

Constellation Brands Inc. (STZ) stock has rolled down 5.5% in the past six months, reflecting an underperformance from the broader industry’s 3.1% decline. The stock also shows a dismal performance compared with the Consumer Staples sector’s growth of 3% and the S&P 500’s rally of 12.5% in the same period.At the current price of $239.45, the STZ stock trades at a discount of 12.9% to its 52-week high of $274.87. The current stock price reflects a 6.5% premium from its 52-week low mark. ANF trades below its ...

ROCHESTER, N.Y., Dec. 05, 2024 (GLOBE NEWSWIRE) -- Constellation Brands, Inc. (NYSE: STZ), a leading beverage alcohol company, announced today it will report financial results for its third quarter ended November 30, 2024, on Thursday, January 9, 2025, before the open of the U.S. markets. A conference call to discuss the financial results and outlook will be hosted by President and Chief Executive Officer, Bill Newlands, and Executive Vice President and Chief Financial Officer, Garth Hankinson, at 10:30 a.m ...

Constellation Brands, Inc.’s (STZ) premiumization strategy has been encouraging, as demonstrated by the accelerated growth of its Power Brands. The company has been seeing strength in the beer business for a while now. In the latest announcement, STZ unveiled an agreement with a global spirits company, Sazerac, to divest its SVEDKA brand. However, the financial terms of the deal have been kept under wraps.More on STZ’s Latest NewsThis agreement is built on Constellation Brands’ strategic initiatives to alig ...

Constellation Brands, Inc. (NYSE:STZ) Morgan Stanley Global Consumer & Retail Conference December 3, 2024 2:15 PM ET Company Participants Garth Hankinson - CFO Conference Call Participants Dara Mohsenian - Morgan Stanley Dara Mohsenian Please see the Morgan Stanley research website at www.morganstanley.com for research disclosures. And if you have any questions, you can reach out to your Morgan Stanley representative. With that, I'm very pleased to welcome Constellation Brands and Garth Hankinson, Constella ...

Constellation Brands, Inc. (NYSE:STZ) Morgan Stanley Global Consumer & Retail Conference December 3, 2024 2:15 PM ET Company Participants Garth Hankinson - CFO Conference Call Participants Dara Mohsenian - Morgan Stanley Dara Mohsenian Please see the Morgan Stanley research website at www.morganstanley.com for research disclosures. And if you have any questions, you can reach out to your Morgan Stanley representative. With that, I'm very pleased to welcome Constellation Brands and Garth Hankinson, Constella ...

Constellation Brands Inc. Svedka vodka at a liquor store in the Upper East Side neighborhood of New York, US, on Friday, June 28, 2024.Constellation Brands announced Tuesday it will sell its Svedka vodka brand to New Orleans-based spirits company Sazerac.The transaction is expected to close in the coming months, Constellation said in a press release. It did not disclose the value of the deal."The actions we have taken over the past several years to reshape our wine and spirits portfolio support our efforts ...

ROCHESTER, N.Y., Dec. 03, 2024 (GLOBE NEWSWIRE) -- Constellation Brands (NYSE: STZ), a leading beverage alcohol company, today announced that it has reached an agreement with global spirits company Sazerac, to divest its SVEDKA brand. This transaction is expected to close in the coming months. The decision builds on the company’s strategic efforts to further align the wine and spirits portfolio with evolving consumer preferences and growing market sectors, focusing on higher end wine and spirits brands and ...

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Packages of Modelo Especial beer are displayed for sale in a grocery store on June 14, 2023 in Los Angeles, California.Shares of Constellation Brands fell 4% in morning trading after President-elect Donald Trump announced plans to place a 25% tariff on Mexican imports once he's inaugurated.Constellation imports all of its beer from Mexico, including Modelo and Corona. Beer accounted for 86% of Constellation's sales in the first half of its fiscal year.Shares of Constellation have fallen 4% this year, includ ...