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Constellation Brands Earnings Preview: High Expectations
Tuesday, January 7, 2014 - 5:08pm | 774Read More...Constellation Brands (NYSE: STZ), the largest wine producer in the world, is scheduled to share its third-quarter fiscal 2014 results Wednesday, January 8, before the opening bell. Investors will be looking for more growth arising for its recently acquired Crown Imports stake from Grupo Modelo,...
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Constellation Brands Posts Bright Earnings, Dim Guidance
Wednesday, April 10, 2013 - 10:43am | 421Read More...Constellation Brands (NYSE: STZ) is down on Wednesday after posting a strong finish to fiscal 2013, but issuing weak guidance. The Victor, New York-based firm posted fourth quarter EPS of $0.47, down 32 percent year-over-year. However, it topped the Wall Street consensus of $0.45 per share....
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Constellation Brands to Purchase Remaining Interest in Crown Imports for $1.85 Billion
Friday, June 29, 2012 - 8:18am | 397Read More...Crown Imports is slated to become a wholly owned subsidiary of Constellation Brands (NYSE: STZ). The U.S. import beer business is currently divided between Constellation Brands, which owns 50 percent of the firm, and Grupo Modelo S.A.B. de C.V., which owns the other 50 percent. The 50-50 joint...
