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OFFON

CONSTELLATION BRANDS, INC.

(STZ)
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Constellation Brands, Inc. Announces A New Multi-Year Partnership with the New York Jets, New York Giants and Metlife Stadium in East Rutherford, NJ in Collaboration with Modelo and the Corona Brand Family

09/10/2021 | 09:00am EDT

With the NFL season kicking off, Constellation Brands, Inc. is furthering its presence in the New York football market with the announcement of a new multi-year partnership with the New York Jets, New York Giants and MetLife Stadium in East Rutherford, NJ in collaboration with Modelo and the Corona Brand Family. Modelo Especial, brewed for those with The Fighting Spirit™, is now an official beer sponsor of the New York Giants and Corona Extra will be an official beer sponsor of the New York Jets. Both brands will enter a new partnership with MetLife Stadium in East Rutherford, N.J. The brands’ presence in the stadium will provide Jets and Giants fans with a unique viewing and meeting experience equipped with advertising and branding from football fans’ favorite import beer brands. As part of this new partnership, Constellation Brands is unveiling multiple branded activation spaces within MetLife Stadium. The 200-level East Mezzanine Club (42,500 sq. ft.) will be branded the Corona Beach Club and will be open for fans looking to enjoy La Vida Más Fina (The Fine Life). Additionally, the Modelo Cantina, an enclosed bar totaling 3,100 sq. ft., will be located outside of section 142 on the Main Concourse level.


© S&P Capital IQ 2021
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Analyst Recommendations on CONSTELLATION BRANDS, INC.
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Financials (USD)
Sales 2022 8 703 M - -
Net income 2022 36,5 M - -
Net Debt 2022 10 580 M - -
P/E ratio 2022 564x
Yield 2022 1,41%
Capitalization 40 524 M 40 524 M -
EV / Sales 2022 5,87x
EV / Sales 2023 5,47x
Nbr of Employees 9 300
Free-Float 73,0%
Chart CONSTELLATION BRANDS, INC.
Duration : Period :
Constellation Brands, Inc. Technical Analysis Chart | STZ | US21036P1084 | MarketScreener
Technical analysis trends CONSTELLATION BRANDS, INC.
Short TermMid-TermLong Term
TrendsBullishBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 24
Last Close Price 215,60 $
Average target price 262,35 $
Spread / Average Target 21,7%
EPS Revisions
Managers and Directors
William A. Newlands President, Chief Executive Officer & Director
Garth Hankinson Chief Financial Officer & Executive Vice President
Robert S. Sands Executive Chairman
Lee Tussing Chief Information Officer & Senior Vice President
Tiffanie de Liberty Chief Compliance Officer, SVP-Wine & Spirits
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