Constellation Brands

ABC Fine Wine & Spirits raises $363k for National Pediatric Cancer Foundation

Retrieved on: 
Wednesday, October 25, 2023
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ORLANDO, Fla. , Oct. 25, 2023 /PRNewswire/ -- ABC Fine Wine & Spirits (ABC), Florida's largest family-owned and operated wine and spirits retailer, raised a record-breaking $363,000 during its annual National Pediatric Cancer Foundation (NPCF) fundraiser, through generous donations from guests and a partnership with Constellation Brands.

Key Points: 
  • ORLANDO, Fla. , Oct. 25, 2023 /PRNewswire/ -- ABC Fine Wine & Spirits (ABC) , Florida's largest family-owned and operated wine and spirits retailer, raised a record-breaking $363,000 during its annual National Pediatric Cancer Foundation (NPCF) fundraiser, through generous donations from guests and a partnership with Constellation Brands.
  • ABC has helped raise more than $2 million since 2011 for the fight against pediatric cancer through NPCF.
  • Guests could donate by rounding up their purchase amount at the register or by donating any amount.
  • Additionally, a portion of every bottle purchased of select Constellation Brands wines, including Kim Crawford, Meiomi, and other well-known labels, were donated.

Constellation Brands Reports Second Quarter Fiscal 2024 Financial Results

Retrieved on: 
Thursday, October 5, 2023
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VICTOR, N.Y., Oct. 05, 2023 (GLOBE NEWSWIRE) -- Constellation Brands, Inc. (NYSE: STZ), a leading beverage alcohol company, reported today its second quarter fiscal 2024 financial results.

Key Points: 
  • VICTOR, N.Y., Oct. 05, 2023 (GLOBE NEWSWIRE) -- Constellation Brands, Inc. (NYSE: STZ), a leading beverage alcohol company, reported today its second quarter fiscal 2024 financial results.
  • A conference call to discuss the financial results and outlook will be hosted by President and Chief Executive Officer, Bill Newlands, and Chief Financial Officer, Garth Hankinson, on Thursday, October 5, 2023 at 10:30 a.m. EDT.
  • Visit ir.cbrands.com to locate information for joining the conference call or a live, listen-only webcast of the conference call.

TASTEMADE DEBUTS BREAKTHROUGH NEW SERIES, STREET SOMM HOSTED BY "WOLF OF WINE" JERMAINE STONE

Retrieved on: 
Monday, September 25, 2023
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LOS ANGELES, Sept. 25, 2023 /PRNewswire/ -- Today, modern media company, Tastemade, premieres their newest original series, Street Somm. In partnership with premium wine and spirits leader, Constellation Brands, Street Somm follows Wine Expert Jermaine Stone – also known as "The Wolf of Wine" – as he travels the country to explore mouth-watering eats, learns the story behind them, and finds unexpected wine pairings around every corner. The series premieres on September 25th at 7:00pm on the Tastemade streaming channel.

Key Points: 
  • The series premieres on September 25th at 7:00pm on the Tastemade streaming channel .
  • Each episode features a food expert from that city who takes Jermaine to explore its unique culture that influences its food and wine.
  • Along the way, Stone is introduced to chefs who break the mold and create unforgettable dining experiences that are distinctive to each city.
  • "The same way that I've blended cultures on my podcast, Wine and Hip Hop, I get to blend wine and cuisines across the country in Street Somm," says Jermaine.

Southern Glazer’s Wine & Spirits Appoints Stephanie Silvestre to Executive Vice President and Managing Director, Atlantic Division

Retrieved on: 
Tuesday, September 5, 2023
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Southern Glazer's Wine & Spirits (Southern Glazer's)—the world’s preeminent distributor of beverage alcohol—today announced that it has appointed Stephanie Silvestre to the position of Executive Vice President and Managing Director of the Company’s Atlantic Division, backfilling Greg Rabinovich, effective immediately.

Key Points: 
  • Southern Glazer's Wine & Spirits (Southern Glazer's)—the world’s preeminent distributor of beverage alcohol—today announced that it has appointed Stephanie Silvestre to the position of Executive Vice President and Managing Director of the Company’s Atlantic Division, backfilling Greg Rabinovich, effective immediately.
  • The Atlantic Division is Southern Glazer’s dedicated selling division for Constellation Brands.
  • “Stephanie brings a highly unique background, skill set, and perspective to this important supplier-facing role,” said Gene Sullivan, Chief Sales & Marketing Officer, Southern Glazer’s.
  • “We are excited to partner with Stephanie and the Southern Glazer’s team in this next chapter of our strategic partnership, as we continue to grow our high-end wine and spirits category leadership,” said Robert Hanson, Executive Vice President and President, Wine and Spirits Division for Constellation Brands.

Constellation Brands to Report Second Quarter Fiscal 2024 Financial Results; Host Conference Call October 5, 2023

Retrieved on: 
Thursday, August 31, 2023
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VICTOR, N.Y., Aug. 31, 2023 (GLOBE NEWSWIRE) -- Constellation Brands, Inc. (NYSE: STZ), a leading beverage alcohol company, announced today it will report financial results for its second quarter ended August 31, 2023, on Thursday, October 5, 2023, before the open of the U.S. markets.

Key Points: 
  • VICTOR, N.Y., Aug. 31, 2023 (GLOBE NEWSWIRE) -- Constellation Brands, Inc. (NYSE: STZ), a leading beverage alcohol company, announced today it will report financial results for its second quarter ended August 31, 2023, on Thursday, October 5, 2023, 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 5, 2023.
  • The conference call can be accessed by dialing +1-877-407-9121 and entering conference identification number 13740922, beginning at 10:20 a.m. EDT.
  • For anyone unable to participate in the conference call, a replay will be available on the company’s investor relations website.

Constellation Brands to Present at the 2023 Barclays Global Consumer Staples Conference on Wednesday, September 6, 2023

Retrieved on: 
Tuesday, August 22, 2023
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VICTOR, N.Y., Aug. 22, 2023 (GLOBE NEWSWIRE) -- Constellation Brands, Inc. (NYSE: STZ), a leading beverage alcohol company, announced today that Garth Hankinson, Executive Vice President and Chief Financial Officer, will participate in a fireside chat at the 2023 Barclays Global Consumer Staples Conference on Wednesday, September 6 in Boston, MA.

Key Points: 
  • VICTOR, N.Y., Aug. 22, 2023 (GLOBE NEWSWIRE) -- Constellation Brands, Inc. (NYSE: STZ), a leading beverage alcohol company, announced today that Garth Hankinson, Executive Vice President and Chief Financial Officer, will participate in a fireside chat at the 2023 Barclays Global Consumer Staples Conference on Wednesday, September 6 in Boston, MA.
  • The presentation is scheduled to begin at 4:30 p.m. EDT and is expected to cover the company’s strategic business initiatives, financial metrics, and operating performance, as well as outlook for the future.
  • A live, listen-only webcast of the presentation will be available on the company’s investor relations website at ir.cbrands.com under the News & Events section.
  • For anyone unable to participate in the webcast, a replay will be available on the company’s investor relations website through the close of business on October 6, 2023.

Constellation Brands to Host Investor Day on Thursday, November 2, 2023

Retrieved on: 
Tuesday, August 22, 2023
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VICTOR, N.Y., Aug. 22, 2023 (GLOBE NEWSWIRE) -- Constellation Brands (NYSE: STZ), a leading beverage alcohol company, announced today that it will host its Investor Day on Thursday, November 2, 2023, at the New York Stock Exchange in New York City.

Key Points: 
  • VICTOR, N.Y., Aug. 22, 2023 (GLOBE NEWSWIRE) -- Constellation Brands (NYSE: STZ), a leading beverage alcohol company, announced today that it will host its Investor Day on Thursday, November 2, 2023, at the New York Stock Exchange in New York City.
  • The event is scheduled to begin at 2:00 p.m. EDT and is expected to provide investors, analysts, and other stakeholders with a comprehensive overview of the company's continued value creation opportunities supported by its strategic priorities.
  • When the presentation begins, financial information discussed in the presentation, and a reconciliation of reported GAAP financial measures with comparable and other non-GAAP financial measures, will also be available on the company’s investor relations website under the Financial History section.
  • For anyone unable to participate in the webcast, a replay will be available on the company’s investor relations website through the close of business on May 2, 2024.

Global Vodka Market Forecasted to Grow at 5.6% CAGR till 2030, Flavored Segment to Witness Rapid Expansion, Europe and Asia Pacific Dominate - ResearchAndMarkets.com

Retrieved on: 
Tuesday, July 25, 2023
Retail, Wine & Spirits, Constellation, Scotch whisky, RTD, Constellation Brands, Food, Drink, COVID-19, Beer, Millennials, Ready to drink, USD, Myrteae, Restaurant, Container deposit legislation in the United States, Growth, Wine, Liquor, Svedka

The "Global Vodka Market Size, Share & Trends Analysis Report 2023 - 2030" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Vodka Market Size, Share & Trends Analysis Report 2023 - 2030" report has been added to ResearchAndMarkets.com's offering.
  • The global vodka market size was estimated to reach USD 40.25 billion in 2030 and is expected to expand at a CAGR of 5.6% over the forecast period.
  • As a result, they appear to be the most powerful buyers of various food and drink items, including vodka.
  • The increased penetration of online sales of alcohol in China is driving the growth of the vodka market.

BOSTON BEER NAMES DIEGO REYNOSO CHIEF FINANCIAL OFFICER AND TREASURER, EFFECTIVE SEPTEMBER 5, 2023

Retrieved on: 
Monday, July 24, 2023
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(NYSE: SAM), today announced the appointment of Diego Reynoso as its Chief Financial Officer and Treasurer, effective September 5, 2023.

Key Points: 
  • (NYSE: SAM), today announced the appointment of Diego Reynoso as its Chief Financial Officer and Treasurer, effective September 5, 2023.
  • Reynoso will lead all Boston Beer's Finance, Treasury and IT and will report directly to Chief Executive Officer, David A. Burwick.
  • "His operating experience and financial acumen make him the right leader to help The Boston Beer Company grow and achieve our long-term financial goals."
  • With Reynoso's appointment, Matt Murphy, who has served as Interim Chief Financial Officer, will resume his role of Vice President, Finance and Chief Accounting Officer, reporting to Reynoso.

Constellation Brands Announces Governance Enhancements, Elects Two New Independent Directors

Retrieved on: 
Tuesday, July 18, 2023
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VICTOR, N.Y., July 18, 2023 (GLOBE NEWSWIRE) -- Constellation Brands, Inc. (NYSE: STZ), a leading beverage alcohol company, today announced the election of Luca Zaramella, Chief Financial Officer of Mondelēz International, and William (Bill) T. Giles, former Chief Financial Officer of AutoZone, to the company’s Board of Directors effective July 18, 2023, following the conclusion of the company’s 2023 Annual Meeting of Stockholders. Based on the preliminary results of the Annual Meeting, the 11 incumbent Directors that stood for reelection have each been reelected to the Board for a one-year term. Today’s election of Mr. Zaramella and Mr. Giles brings the size of Constellation’s Board to 13 members and comes as part of a comprehensive Board refreshment and governance enhancement process the company launched following its transition from a dual to a single class share structure last year.

Key Points: 
  • Based on the preliminary results of the Annual Meeting, the 11 incumbent Directors that stood for reelection have each been reelected to the Board for a one-year term.
  • As part of this process and to facilitate collaboration with Elliott Investment Management L.P. (together with its affiliates, “Elliott”), one of Constellation’s largest investors, Constellation has entered into Information Sharing and Cooperation Agreements with Elliott.
  • Under the Information Sharing and Cooperation Agreements, Elliott has agreed to standstill, voting, confidentiality, and other provisions.
  • The specific date, time, and location for the event will be announced at a later date.