Constellation Brands (STZ) tops consensus as Modelo brand momentum continues
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Constellation Brands (STZ) Tops Q3 EPS by 22c, Offers Guidance
January 5, 2024 7:33 AM ESTConstellation Brands (NYSE: STZ) reported Q3 EPS of $3.24, $0.22 better than the analyst estimate of $3.02. Revenue for the quarter came in at $2.47 billion versus the consensus estimate of $2.54 billion.
GUIDANCE:
Constellation Brands sees FY2024 EPS of $12.00-$12.20, versus the consensus of... More
Constellation Brands (STZ) Announces Wine & Spirits Leadership Transition
January 5, 2024 5:42 AM ESTConstellation Brands, Inc. (NYSE: STZ) today announced that the Company and Robert Hanson, who has led the transformation of the companys Wine & Spirits business since 2019, have mutually agreed that Mr. Hanson will step down from his role as Executive Vice President and President of the companys Wine & Spirits Division, at the end of Constellations fiscal year on February 29, 2024. The company has initiated a search to identify a successor. Bill Newlands, President and Chief Executive Officer, will assume responsibilities as interim leader for the companys Wine & Spirits Division, in addition to his existing... More
