Constellation Brands, Inc. (STZ) Goldman Sachs Global Staples Forum (Transcript)
Core Viewpoint - Constellation Brands is expected to grow faster than the beer industry despite a current slowdown, primarily due to its strong brand portfolio, particularly Modelo Especial [2]. Company Outlook - The company recently revised its growth outlook for the beer business, attributing the changes to non-structural factors related to macroeconomic conditions and Hispanic consumer behavior [3]. - Confidence in the brand's health and the ability to manage controllable factors supports the belief that the slowdown is transitory rather than structural [4].