Constellation Brands

SunOpta Appoints Industry Veteran Diego Reynoso to its Board of Directors

Retrieved on: 
Tuesday, March 21, 2023

Diego Reynoso has more than 25 years of experience in finance and operations in the food and spirits industry.

Key Points: 
  • Diego Reynoso has more than 25 years of experience in finance and operations in the food and spirits industry.
  • The Board of Directors expects to appoint Mr. Reynoso to serve as a member of the Audit Committee.
  • "We are delighted to welcome Diego to our Board of Directors," said Dean Hollis, Chair of the Board of Directors of SunOpta.
  • "I am excited to join the Board of Directors at SunOpta," said Mr. Reynoso.

Constellation Brands Announces New Donation to The Nature Conservancy to Protect the Rio Grande Watershed, Serving Communities in the U.S. and Mexico

Retrieved on: 
Monday, March 20, 2023

These projects are aimed at helping to provide adequate and safe water supply for downstream users, including in Piedras Negras, Coahuila – a local community near Constellation Brands’ operations in Mexico.

Key Points: 
  • These projects are aimed at helping to provide adequate and safe water supply for downstream users, including in Piedras Negras, Coahuila – a local community near Constellation Brands’ operations in Mexico.
  • A portion of the contribution will be used to support expanding TNC’s Sustainable Agriculture Program to the Rio Grande Basin.
  • This program will scale TNC’s existing partnerships with state agencies, agricultural producers, and landowners to expand sustainable agriculture and grazing practices in the Rio Grande Basin and help landowners with technical assistance and cost-share programs.
  • To achieve this target, Constellation developed a strategy focused on water efficiency, watershed restoration, and water accessibility and quality.

Lady Bird Mixer Co. Launches New Premium Mixers Line From Austin

Retrieved on: 
Tuesday, March 14, 2023

AUSTIN, Texas, March 14, 2023 /PRNewswire/ -- Lady Bird Mixer Co. announces the launch of its lineup of premium cocktail mixers. Bringing a new approach to the mixer category with unexpected flavors and disruptive packaging, Lady Bird is poised to launch at the beginning of 2023 with four core flavors: Van Zandt Club Soda, Classic Tonic Water, Key Lime Ginger Beer, and Ruby Red Grapefruit Soda.

Key Points: 
  • With flavors as unique, bold, and surprising as the Texas landscape, to sip with spirits or solo
    AUSTIN, Texas, March 14, 2023 /PRNewswire/ -- Lady Bird Mixer Co. announces the launch of its lineup of premium cocktail mixers.
  • Lady Bird is serious about the quality of their products, which is right in line with what consumers are looking for today.
  • Created for drinkers and non-drinkers alike, Lady Bird Mixers stand up to mixing with your favorite spirits or simply drinking straight out of the bottle.
  • Lady Bird Mixers will be produced locally in Blanco, Texas, outside Austin at Real Ale Brewing.

Constellation Brands to Report Full Fiscal Year and Fourth Quarter 2023 Financial Results; Host Conference Call April 6, 2023

Retrieved on: 
Thursday, March 2, 2023

VICTOR, N.Y., March 02, 2023 (GLOBE NEWSWIRE) -- Constellation Brands, Inc. (NYSE: STZ), a leading beverage alcohol company, announced today it will report financial results for its full fiscal year and fourth quarter ended February 28, 2023, on Thursday, April 6, 2023, before the open of the U.S. markets.

Key Points: 
  • VICTOR, N.Y., March 02, 2023 (GLOBE NEWSWIRE) -- Constellation Brands, Inc. (NYSE: STZ), a leading beverage alcohol company, announced today it will report financial results for its full fiscal year and fourth quarter ended February 28, 2023, on Thursday, April 6, 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, April 6, 2023.
  • The conference call can be accessed by dialing +1-877-407-9121 and entering conference identification number 13736556, 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.

MicroStar Logistics Announces Major Expansion, Launches New Network Services Division to Manage Reusable Plastic Pallets for the Beer Industry

Retrieved on: 
Thursday, February 23, 2023

MicroStar Logistics, the global leader in outsourced keg management solutions, today announces the launch of its Network Services Division.

Key Points: 
  • MicroStar Logistics, the global leader in outsourced keg management solutions, today announces the launch of its Network Services Division.
  • MicroStar’s Network Services Division will initially manage all aspects of Constellation Brands Beer Division’s new fleet of reusable plastic pallets, including logistics, cleaning, sorting, repairing, warehousing, etc.
  • “For almost thirty years, MicroStar has focused on building the most efficient keg logistics supply chain in the beer industry.
  • In addition to reusable plastic pallets, the Network Services Division will add further items to support the beer industry.

Overproof Releases Revolutionary AI-Driven Analysis of Margaritas for National Margarita Day

Retrieved on: 
Wednesday, February 22, 2023

MIAMI, Feb. 22, 2023 /PRNewswire/ -- Overproof, the premier data services provider to the world's leading alcohol brands, released a new market report that highlights the top-performing suppliers and brands in America's most popular cocktail: the margarita.

Key Points: 
  • Overproof analyzed 4.5M U.S. menus to identify which suppliers and brands are most frequently mentioned in margaritas.
  • Overproof analyzed 4.5 million on-premise menus from across the United States to identify which suppliers and brands are most frequently mentioned in margarita cocktails.
  • The report contains several key findings, such as:
    Campari is the leading supplier with almost 15% of all brand mentions in margarita cocktails.
  • Cointreau (Remy Cointreau) is the leading liqueur mentioned in margaritas, with 38% of the liqueur market share.

IRI and Boston Consulting Group Announce 2022 U.S. CPG Growth Leaders

Retrieved on: 
Thursday, February 16, 2023

IRI®, which recently merged with The NPD Group to create a leading global technology, analytics and data provider, and Boston Consulting Group (BCG), a leading global consulting firm, released their 11th annual Growth Leaders report today.

Key Points: 
  • IRI®, which recently merged with The NPD Group to create a leading global technology, analytics and data provider, and Boston Consulting Group (BCG), a leading global consulting firm, released their 11th annual Growth Leaders report today.
  • CPG omnichannel sales grew 8.4% in 2022, over 2021's accelerated COVID-19-driven growth of 4.6%.
  • Growth in 2022 was driven by price/mix (10.0%) while continuing to ease back on COVID-19-era volume growth (-1.5%).
  • While the top three leaders drove meaningful volume growth in 2022, overall large CPG growth was driven by double-digit price and mix growth.

Westside Future Fund Announces Two New Appointments to Board of Directors

Retrieved on: 
Wednesday, February 15, 2023

ATLANTA, Feb. 15, 2023 /PRNewswire-PRWeb/ -- Westside Future Fund (WFF) announces two new appointments to its Board of Directors: Susan Somersille Johnson, chief marketing officer, Prudential Financial; and Michael J. Cochran, partner, Kilpatrick Townsend. WFF brings together community leaders from all areas of Atlanta – business, government and philanthropy – who believe in the future of these historic neighborhoods and are committed to helping restore their strength. These appointments increase the WFF Board of Directors to 25.

Key Points: 
  • Westside Future Fund (WFF) announces two new appointments to its Board of Directors: Susan Somersille Johnson, chief marketing officer, Prudential Financial; and Michael J. Cochran, partner, Kilpatrick Townsend.
  • ATLANTA, Feb. 15, 2023 /PRNewswire-PRWeb/ -- Westside Future Fund (WFF) announces two new appointments to its Board of Directors: Susan Somersille Johnson, chief marketing officer, Prudential Financial; and Michael J. Cochran, partner, Kilpatrick Townsend.
  • "We are pleased to welcome both Susan and Michael to our Board of Directors," said John Ahmann, president and CEO of Westside Future Fund.
  • In its longstanding commitment to supporting the equitable revitalization of Atlanta's Historic Westside, the Coca-Cola Company appoints a current executive to sit on the board of the Westside Future Fund.

Constellation Brands to Present at the 2023 Consumer Analyst Group of New York Conference on Thursday, February 23, 2023

Retrieved on: 
Thursday, February 9, 2023

VICTOR, N.Y., Feb. 09, 2023 (GLOBE NEWSWIRE) -- Constellation Brands, Inc. (NYSE: STZ), a leading beverage alcohol company, announced today that Bill Newlands, President and Chief Executive Officer, will present at the 2023 Consumer Analyst Group of New York Conference on Thursday, February 23, 2023 in Boca Raton, FL.

Key Points: 
  • VICTOR, N.Y., Feb. 09, 2023 (GLOBE NEWSWIRE) -- Constellation Brands, Inc. (NYSE: STZ), a leading beverage alcohol company, announced today that Bill Newlands, President and Chief Executive Officer, will present at the 2023 Consumer Analyst Group of New York Conference on Thursday, February 23, 2023 in Boca Raton, FL.
  • ET 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 March 31, 2023.

Constellation Brands Prices Offering of Senior Notes

Retrieved on: 
Monday, January 30, 2023

VICTOR, N.Y., Jan. 30, 2023 (GLOBE NEWSWIRE) -- Constellation Brands, Inc. (NYSE: STZ), a leading beverage alcohol company, announced today that it priced the public offering of $500.0 million aggregate principal amount of 5.000% Senior Notes due 2026 (the “notes”) for a public offering price of 99.829% of the principal amount of the notes.

Key Points: 
  • VICTOR, N.Y., Jan. 30, 2023 (GLOBE NEWSWIRE) -- Constellation Brands, Inc. (NYSE: STZ), a leading beverage alcohol company, announced today that it priced the public offering of $500.0 million aggregate principal amount of 5.000% Senior Notes due 2026 (the “notes”) for a public offering price of 99.829% of the principal amount of the notes.
  • The notes will be senior obligations that rank equally with all of Constellation’s other senior unsecured indebtedness.
  • BofA Securities, Inc., Goldman Sachs & Co. LLC, and J.P. Morgan Securities LLC are acting as the joint book-running managers of the offering.
  • This announcement does not constitute an offer to sell or a solicitation of an offer to buy notes.