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Constellation Brands’ Fiscal 1Q17 Sales Boosted by Acquisitions
Constellation Brands (STZ) delivered strong sales growth of 14.7% in fiscal 1Q17, which ended on May 31, 2016.
Constellation Brands’ Valuation after Fiscal 2Q18 Results
Constellation Brands’ (STZ) 12-month forward PE (price-to-earnings) ratio fell 1.4% to 24.0x on October 5, 2017, the day the company announced its fiscal 2Q18 results.
Where STZ’s Valuation Stands Prior to Its Fiscal 4Q16 Results
On March 31, 2017, Constellation Brands (STZ) was trading at a 12-month forward PE (price-to-earnings multiple) of 22.2x.
How Does Constellation Brands Compare to Its Peers on Valuation?
Constellation Brands (STZ) was trading at a 12-month forward PE (price-to-earnings) ratio of 23.9x on June 20.
US Spirits Imports in 1Q15: Double-Digit Growth in Key Categories
Distilled spirits imports increased by 17.8% to $1.5 billion in the first quarter of 2015, based on data provided by the Distilled Spirits Council of the United States.
Will Constellation Brands’ Fiscal 1Q17 Earnings Beat Estimates?
For fiscal 1Q17, analysts expect Constellation Brands to deliver adjusted EPS (earnings per share) of $1.52.
Key Categories of the Spirits Market
Whiskey is the largest category of the US spirits market with a 33% share of gross revenues. Vodka, cordials, and rum hold 25%, 11%, and 10%, respectively.
Why Constellation Brands Has Fallen More than 12% Today
On January 9, Constellation Brands (STZ) reported its third-quarter results before the market opened. The third quarter ended on November 30.
Why Analysts Expect Constellation Brands’ Stock to Keep Rising
Constellation Brands’ (STZ) stock price has surged by 11.9% to $157.37 since the start of 2016, as of April 7, 2016.
Did Constellation Brands Beat Estimates for Fiscal 4Q16 Earnings?
Constellation Brands (STZ) reported adjusted EPS (earnings per share) of $1.19 in fiscal 4Q16, beating Wall Street analysts’ consensus estimate of $1.14.
Constellation Brands: Its Strong Fiscal 2Q18 Results
Constellation Brands (STZ) stock rose 4.0% on October 5, 2017, in reaction to the company’s results for fiscal 2Q18, which ended August 31, 2017.
Constellation Brands’ Stock Outperforms Peers in 2016
On July 1, 2016, Constellation Brands’ stock was trading at $163.61, which represents a rise of 16.3% on a YTD (year-to-date) basis.
Can Constellation Brands Afford Margin Expansion in Fiscal 1Q17?
In fiscal 4Q16, which ended on February 29, 2016, Constellation Brands’ gross margin expanded by 100 basis points to 45.1%, driven by the company’s premiumization efforts.
How 3Q18 Results Affected Constellation Brands’ Valuation
As of January 10, Constellation Brands (STZ) was trading at a 12-month forward PE (price-to-earnings) ratio of 23.6x.
How Analysts Reacted to Constellation Brands’ Q4 Results
Constellation Brands (STZ) announced better-than-expected results for the fourth quarter of fiscal 2019 on April 4.
How Does Constellation Brands’ Valuation Look after Q4 Results?
Constellation Brands’ (STZ) 12-month forward PE mulitple increased 7.2% to 21.2x on April 4, the day the company announced its results for the fourth quarter of fiscal 2019.
Why Tobacco Stocks Registered Impressive Gains in Q1
Sin stocks marked healthy growth in the first quarter. Molson Coors and Brown-Forman stocks rose 6.2% and 10.9%, respectively.
Analysts Upgrade Constellation Brands before Its Q3 Results
Susquehanna upgraded Constellation Brands stock to “neutral” from “negative” and assigned a target price of $174.
Will Constellation Brands’ Stock Rebound with Its Q3 Results?
Stocks of Constellation Brands (STZ) and other major alcoholic beverage players were in the red in 2018.
Constellation Brands’ Valuation before Q2 2019 Results
Constellation Brands’ (STZ) 12-month forward PE multiple has declined 4.9% since the results of the first quarter of fiscal 2019.
Constellation Brands: Will Upcoming Results Help the Stock?
Constellation Brands (STZ) is set to announce its second quarter of fiscal 2019 results on October 4. It disappointed in the first quarter.
How Constellation Brands Looks after Strong Fiscal 4Q18 Results
On April 3, Constellation Brands (STZ) declined 1.3% after Stifel downgraded its rating on the stock.
Where STZ’s Valuation Stands prior to Its Fiscal 4Q18 Results
On March 23, 2018, Constellation Brands (STZ) was trading at a 12-month forward PE (price-to-earnings ratio) of 23.7x.
Where Constellation Brands’ Valuation Stands prior to Q3 Results
As of December 26, Constellation Brands’ (STZ) was trading at a 12-month forward PE (price-to-earnings) ratio of 25.6x. The company’s valuation multiple has risen 6.9% since the announcement of its fiscal 2Q18 results.
Can Constellation Brands Stock Sustain Its Strong Momentum?
As of December 26, Constellation Brands (STZ) stock has risen 47.1% to $225.51 on a YTD (year-to-date) basis. The leading beer, wine, and spirits producer has outperformed the broad market.
Can Constellation Brands’ Fiscal 4Q17 Results Boost Its Stock?
Constellation Brands (STZ) is slated to announce its fiscal 4Q17 and fiscal 2017 results on April 6, 2017. The company’s fiscal 4Q17 ended on February 28, 2017.
Constellations Brands’ Acquisitions Enhance Its Wine Business
Constellation Brands’ (STZ) Wine and Spirits segment accounted for 46.7% of the company’s fiscal 3Q17 sales.
Constellation Brands’ Wine and Spirits Sales: Premium Strength
The premiumization of its portfolio of beer, wine, and spirits portfolio is one of the key growth strategies of Constellations Brands (STZ).
How Has Constellation Brands’ Stock Performed in 2016?
Constellation Brands’ stock price has risen 17.7% to $165.58 as of September 26 on a YTD basis. Currently, it’s trading above its YTD average price of $155.31.
What Drove Constellation Brands’ Fiscal 1Q17 Margin Growth?
In fiscal 1Q17, which ended on May 31, 2016, Constellation Brands’ gross margin increased significantly to 47.1% from 45.2% in fiscal 1Q16.
Brown-Forman Corporation’s Agreement to Sell Its Brands
Brown-Forman has entered into an agreement to sell Southern Comfort and Tuaca trademark to Sazerac for $543.5 million. This agreement will close by March 1.
Constellation Brands’ Revenue and Income Rose in Fiscal 3Q16
After its fiscal 3Q16 earnings report, Constellation Brands (STZ) rose by 4.5% to close at $149.61 per share as of January 7, 2016.
Projected Synergies from an Anheuser-Busch InBev–SABMiller Deal
ABI is a leading company in the consumer staples sector. It has had a strong record of integrating acquisitions and delivering synergies ahead of target.
Diageo Strategizes to Improve Performance with Innovation
One of Diageo’s notable innovations Crown Royal Regal Apple whisky, launched in November 2014. This flavored whisky was its biggest driver of increased shipments for the US spirits and wine business in 3Q15.
US Demand for Imported Whiskey Brands Continues to Grow
Despite the growing popularity of US whiskeys like bourbon and Tennessee whiskey in the United States as well as abroad, the demand for imported whiskey continues to grow.
The Spirits Industry Benefits from International Demand
Whiskey accounts for about 70% of the total US spirits exports. In 2013, American-produced Bourbon and Tennessee whiskeys crossed the $1 billion mark.
