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MarketScreener Homepage  >  Equities  >  Nyse  >  Constellation Brands, Inc.    STZ

CONSTELLATION BRANDS, INC.

(STZ)
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CONSTELLATION BRANDS REVISES TIMING OF CONFERENCE CALL BY ONE HOUR TO REPORT FULL FISCAL YEAR AND FOURTH QUARTER 2020 FINANCIAL RESULTS; APRIL 3, 2020

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03/26/2020 | 03:31pm EDT

VICTOR, N.Y., March 26, 2020 (GLOBE NEWSWIRE) -- Constellation Brands, Inc. (NYSE: STZ and STZ.B), a leading beverage alcohol company, announced today it will report financial results for its full fiscal year and fourth quarter ended February 29, 2020, on Friday, April 3, 2020, 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 11:30 a.m. EDT, April 3, 2020.

The conference call can be accessed by dialing +1-877-673-1771 and entering conference identification number 3770886 beginning at 11:20 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
Bob Czudak 585-678-7170 / bob.czudak@cbrands.com

A downloadable PDF copy of this news release enhanced with multimedia links can be found here: http://ml.globenewswire.com/Resource/Download/12c51b4a-bfd5-4e66-95c1-b8fc3b48567d

 

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© GlobeNewswire 2020
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Financials (USD)
Sales 2020 8 271 M
EBIT 2020 2 633 M
Net income 2020 -50,1 M
Debt 2020 11 994 M
Yield 2020 2,00%
P/E ratio 2020 -443x
P/E ratio 2021 22,0x
EV / Sales2020 4,92x
EV / Sales2021 5,08x
Capitalization 28 718 M
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Technical analysis trends CONSTELLATION BRANDS, INC.
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Income Statement Evolution
Consensus
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Mean consensus BUY
Number of Analysts 22
Average target price 180,29  $
Last Close Price 149,59  $
Spread / Highest target 53,1%
Spread / Average Target 20,5%
Spread / Lowest Target -1,73%
EPS Revisions
Managers
NameTitle
William A. Newlands President, Chief Executive Officer & Director
Robert S. Sands Executive Chairman
Garth Hankinson Chief Financial Officer & Executive Vice President
Richard E. Sands Executive Vice Chairman
James A. Locke Lead Independent Director
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