Brown-Forman Corp
Latest Brown-Forman Corp News and Updates
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.
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.
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 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.
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.
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.
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).
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.
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.
