Constellation Brands Stock News

Constellation Brands (STZ.B) declares $0.69/share quarterly dividend, in line with previous. Forward yield 1.11% Payable Feb. 23; for shareholders of record Feb. 9; ex-div Feb. 8.

Category-leading sales of Constellation beers have lifted its stock in the past year, but the company''s investment in cannabis has shrunk fivefold in value since February 2021.

Constellation Brands <> strikes a deal with Coca-Cola <> to bring its new mixed cocktails of FRESCA brand into the U.S

Constellation Brands' (STZ) Q3 results reflect continued strength in the beer business, aided by strong demand. The company enters partnership with Coca-Cola for FRESCA Mixed cocktails.

Fresca Mixed from Coca-Cola and Constellation Brands will start with cocktails inspired by recipes from people around the world who use Fresca as a mixer.

(RTTNews) - Constellation Brands, Inc. (STZ) reported third quarter comparable earnings per share of $3.12 compared to $3.09, prior year. This included Canopy equity losses of $0.31, for the quarter. Excluding Canopy equity losses, the company reported comparable basis earnings per share of $3.42, an increase of 8%. On average, 16 analysts

Coca-Cola and Constellation Brands are teaming up to create spirits-based cocktails under the Fresca soda brand.

Constellation Brands on Thursday said its third-quarter net income fell to $470.8 million, or $2.48 per Class A common share from $1.28 billion, or $6.68 a share in the year-ago period. Adjusted earnings were $3.12 a share. Third-quarter sales fell to $2.51 billion from $2.64 billion. Net sales fell to $2.32 billion from $2.44 billion. Analysts expected earnings of $2.77 a share and net sales of $2.28 billion, according to a survey of analysts by FactSet. Looking ahead, Constellation Brands expects a fiscal 2022 loss of 25 cents to a loss of 10 cents a share and adjusted 2022 earnings of $10.50 to $10.65 a share. Wall Street analysts expect 2022 earnings of $9.89 a share for the spirits company. Shares of Constellation Brands rose 1.2% in premarket trades. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

Constellation Brands undefined on Thursday said its third-quarter net income fell to $470.8 million, or $2.48 per Class A common share from $1.28 billion, or

(RTTNews) - Beverage alcohol company Constellation Brands, Inc. (STZ, STZ.B) announced Thursday that it has entered into a brand authorization agreement with The Coca-Cola Co. (KO) in the United States to bring the FRESCA brand into beverage alcohol through the manufacturing, marketing, distribution, and launch of FRESCA Mixed - a new,

Constellation Brands (STZ): Q3 Non-GAAP EPS of $3.42 beats by $0.63; GAAP EPS of $2.48 misses by $0.13.Revenue of $2.32B (-4.9% Y/Y) beats by $40M.Press Release

Coca-Cola is one of several beverage-producers coming up with new ways to marry alcohol with popular soft drinks.

Yahoo Finance's Brad Smith joins the anchors to talk about Bed & Bath Beyond stock jumping despite missing Q3 earnings estimates, Walgreens stock soaring amid demand for COVID-19 vaccines, and Constel

Coca-Cola Co. and Constellation Brands Inc. announced a partnership on Thursday for a new alcoholic version of the Fresca soft drink brand.