Momentum in Beer Business to Drive Constellation Brands (STZ)
Constellation Brands(STZ) Zacks Investment Research·2024-05-11 02:11
Constellation Brands Inc. (STZ) continues to gain from strength in the beer business, as well as its premiumization strategy. The beer business has been gaining from the robust performances of Modelo Especial, the Modelo Chelada brands, Corona Extra and Pacifico.STZ's beer business showcased an impressive performance, with notable growth in shipment volumes and depletions in fourth-quarter fiscal 2024, indicating a strong and consistent demand for its products. This achievement is particularly significant, ...