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CONSTELLATION BRANDS, INC.

(STZ)
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Constellation Brands : to Report Second Quarter Fiscal 2022 Financial Results; Host Conference Call October 6, 2021

09/02/2021 | 04:30pm EDT

VICTOR, N.Y., Sept. 02, 2021 (GLOBE NEWSWIRE) -- Constellation Brands, Inc. (NYSE: STZ and STZ.B), a leading beverage alcohol company, announced today it will report financial results for its fiscal second quarter ended August 31, 2021, on Wednesday, October 6, 2021, before the open of the U.S. markets. A conference call to discuss the financial results and outlook will be hosted by President and Chief Executive Officer Bill Newlands and Executive Vice President and Chief Financial Officer Garth Hankinson at 10:30 a.m. EDT, October 6, 2021.

The conference call can be accessed by dialing +1-877-673-1771 and entering conference identification number 6328319 beginning at 10:20 a.m. EDT. A live, listen-only webcast of the conference call will be available on the company’s website, www.cbrands.com, under the Investors/Events & Presentations section. When the call begins, financial information discussed on the conference call, and a reconciliation of reported (GAAP) financial measures with comparable or non-GAAP financial measures, will also be available on the company’s website under Investors and by selecting Reporting. For anyone unable to participate in the conference call, a replay will be available on the company’s website.

ABOUT CONSTELLATION BRANDS
At Constellation Brands (NYSE: STZ and STZ.B), our mission is to build brands that people love because we believe sharing a toast, unwinding after a day, celebrating milestones, and helping people connect, are Worth Reaching For. It’s worth our dedication, hard work, and the bold calculated risks we take to deliver more for our consumers, trade partners, shareholders, and communities in which we live and work. It’s what has made us one of the fastest-growing large CPG companies in the U.S. at retail, and it drives our pursuit to deliver what’s next.

Today, we are a leading international producer and marketer of beer, wine, and spirits with operations in the U.S., Mexico, New Zealand, and Italy. Every day, people reach for our high-end, iconic imported beer brands such as Corona Extra, Corona Light, Corona Premier, Modelo Especial, Modelo Negra, and Pacifico, and our high-quality premium wine and spirits brands, including the Robert Mondavi brand family, Kim Crawford, Meiomi, The Prisoner brand family, SVEDKA Vodka, Casa Noble Tequila, and High West Whiskey.

But we won’t stop here. Our visionary leadership team and passionate employees from barrel room to boardroom are reaching for the next level, to explore the boundaries of the beverage alcohol industry and beyond. Join us in discovering what’s Worth Reaching For.

To learn more, follow us on Twitter @cbrands and visit www.cbrands.com.

MEDIA CONTACTSINVESTOR RELATIONS CONTACTS
Mike McGrew 773-251-4934 / michael.mcgrew@cbrands.com
Amy Martin 585-678-7141 / amy.martin@cbrands.com
Patty Yahn-Urlaub 585-678-7483 / patty.yahn-urlaub@cbrands.com
Marisa Pepelea 312-741-2316 / marisa.pepelea@cbrands.com

A downloadable PDF copy of this news release can be found here: http://ml.globenewswire.com/Resource/Download/3f0a14b3-fc66-4368-b06b-b7097c04adf6


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Source: Constellation Brands, Inc.

2021 GlobeNewswire, Inc., source Press Releases

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Financials (USD)
Sales 2022 8 703 M - -
Net income 2022 40,5 M - -
Net Debt 2022 10 606 M - -
P/E ratio 2022 808x
Yield 2022 1,39%
Capitalization 40 884 M 40 884 M -
EV / Sales 2022 5,92x
EV / Sales 2023 5,52x
Nbr of Employees 9 300
Free-Float 73,0%
Chart CONSTELLATION BRANDS, INC.
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Constellation Brands, Inc. Technical Analysis Chart | STZ | US21036P1084 | MarketScreener
Technical analysis trends CONSTELLATION BRANDS, INC.
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Income Statement Evolution
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Mean consensus BUY
Number of Analysts 24
Last Close Price 218,21 $
Average target price 262,35 $
Spread / Average Target 20,2%
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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