Corona (beer)

Constellation Brands to Present at the 2022 Morgan Stanley Global Consumer and Retail Conference on December 6, 2022

Retrieved on: 
Thursday, November 10, 2022

VICTOR, N.Y., Nov. 10, 2022 (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 present at the 2022 Morgan Stanley Global Consumer and Retail Conference on Tuesday, December 6, 2022 in New York, NY.

Key Points: 
  • VICTOR, N.Y., Nov. 10, 2022 (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 present at the 2022 Morgan Stanley Global Consumer and Retail Conference on Tuesday, December 6, 2022 in New York, NY.
  • ET and is expected to cover the companys strategic business initiatives, financial metrics, and operating performance, as well as outlook for the future.
  • A live, listen-only webcast of the virtual presentation will be available on the companys investor relations website at ir.cbrands.com under the News & Events section.
  • Its 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 whats next.

Constellation Brands Announces Completion of Previously Announced Elimination of Class B Common Stock

Retrieved on: 
Thursday, November 10, 2022

VICTOR, N.Y., Nov. 10, 2022 (GLOBE NEWSWIRE) -- Constellation Brands (NYSE: STZ), a leading beverage alcohol company, announced today that it completed the previously announced reclassification transaction and eliminated its Class B Common Stock.

Key Points: 
  • VICTOR, N.Y., Nov. 10, 2022 (GLOBE NEWSWIRE) -- Constellation Brands (NYSE: STZ), a leading beverage alcohol company, announced today that it completed the previously announced reclassification transaction and eliminated its Class B Common Stock.
  • Trading in the Class B Common Stock will cease after the markets close today, at which time Constellations publicly listed stock will consist solely of Class A Common Stock.
  • In connection with completing the transaction, the company has deposited for distribution the $64.64 per share cash consideration, or approximately $1.5 billion in aggregate, to holders of Class B Common Stock.
  • Financing for the cash payment was provided through funding of the previously announced delayed draw term loan credit agreement and Constellations existing commercial paper program.

Constellation Brands’ Stockholders Approve Previously Announced Elimination of Class B Common Stock

Retrieved on: 
Wednesday, November 9, 2022

VICTOR, N.Y., Nov. 09, 2022 (GLOBE NEWSWIRE) -- Constellation Brands (NYSE: STZ and STZ.B), a leading beverage alcohol company, announced that its stockholders approved and adopted at a special meeting held this afternoon an amended and restated charter, which will effectuate the previously announced elimination of Constellations Class B Common Stock.

Key Points: 
  • VICTOR, N.Y., Nov. 09, 2022 (GLOBE NEWSWIRE) -- Constellation Brands (NYSE: STZ and STZ.B), a leading beverage alcohol company, announced that its stockholders approved and adopted at a special meeting held this afternoon an amended and restated charter, which will effectuate the previously announced elimination of Constellations Class B Common Stock.
  • Following completion of the transaction and cessation of trading in the Class B Common Stock, Constellations publicly listed stock will consist of a single class of Class A Common Stock, with one share, one vote rights.
  • Constellation currently anticipates that the reclassification will be completed prior to the opening of trading on the New York Stock Exchange on November 10, 2022.
  • I want to thank our stockholders for their support and approval of this important transition to align the voting rights and economic interests of our common stock, said Bill Newlands, Constellations President and CEO.

Constellation Brands Announces Plan to Convert Common Stock Holding in Canopy Growth

Retrieved on: 
Tuesday, October 25, 2022

Canopy only holds non-voting and non-participating exchangeable shares of Canopy USA which are convertible into common shares of Canopy USA.

Key Points: 
  • Canopy only holds non-voting and non-participating exchangeable shares of Canopy USA which are convertible into common shares of Canopy USA.
  • Greenstar and CBG have entered into a voting support agreement with Canopy to vote in favor of the Amendment.
  • Accordingly, for early warning reporting purposes, Constellation will be deemed to beneficially own the Common Shares issuable on conversion of the Exchangeable Shares.
  • Constellation disclaims any responsibility for all disclosure issued by Canopy and any commentary made by Canopy on its webcast.

Constellation Brands Publishes ESG Impact Report, Advancing a Future Worth Reaching For

Retrieved on: 
Thursday, October 13, 2022

VICTOR, N.Y., Oct. 13, 2022 (GLOBE NEWSWIRE) -- Constellation Brands, Inc. (NYSE: STZ and STZ.B), a leading beverage alcohol company, published today its inaugural ESG Impact Report – an evolution of the company’s Corporate Social Responsibility reports – highlighting established commitments and targets to positively impact the planet and its people, and progress made toward achieving them.

Key Points: 
  • I sincerely thank our Constellation team members, as well as our non-profit, industry, and community partners, and broader stakeholders, for their continued support and collaboration.
  • Together, we are striving to create a future that is truly Worth Reaching For.
  • These statements may relate to our business and ESG strategies, future prospects, plans, events, performance, targets, goals, or objectives, future operations, future environmental, financial, or social metrics, or expected actions of third parties.
  • 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.

Constellation Brands Further Refines Wine and Spirits Portfolio as Part of Ongoing Efforts to Inflect Business Toward the Higher-End

Retrieved on: 
Thursday, October 6, 2022

This decision builds on the companys efforts to establish a bold and innovative, higher-end wine and spirits portfolio with distinctive brands and products, delivering exceptional consumer experiences.

Key Points: 
  • This decision builds on the companys efforts to establish a bold and innovative, higher-end wine and spirits portfolio with distinctive brands and products, delivering exceptional consumer experiences.
  • Constellation divested the majority of its popular and mainstream wine and spirits portfolio in 2021 and is focused on competing predominantly in premium and fine wine and craft spirits segments, while continuing to invest in the growth of its remaining strategic mainstream wine and spirits assets.
  • Over the past three years, we reshaped ourselves into a higher-end wine and spirits division with intentional, strategic mainstream plays and are moving our business towards becoming a leading global Premium/Fine Wine & Craft Spirits portfolio.
  • In turn, The Wine Group is acquiring great brands that complement its current strategy of continuing to build a premium wine portfolio.

Constellation Brands Reports Second Quarter Fiscal 2023 Financial Results

Retrieved on: 
Thursday, October 6, 2022

VICTOR, N.Y., Oct. 06, 2022 (GLOBE NEWSWIRE) -- Constellation Brands, Inc. (NYSE: STZ and STZ.B), a leading beverage alcohol company, reported today its second quarter fiscal 2023 financial results.

Key Points: 
  • VICTOR, N.Y., Oct. 06, 2022 (GLOBE NEWSWIRE) -- Constellation Brands, Inc. (NYSE: STZ and STZ.B), a leading beverage alcohol company, reported today its second quarter fiscal 2023 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 6, 2022 at 10:30 a.m. EDT.
  • 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.
  • A PDF containing our Second Quarter Fiscal 2023 Results and full financial tables is available at: http://ml.globenewswire.com/Resource/Download/ad82658b-4176-44c5-bf05-31...

Corona Premier® Partners With Eastside Golf on a Limited-Edition Bucket Hat

Retrieved on: 
Tuesday, September 13, 2022

CHICAGO, Sept. 13, 2022 (GLOBE NEWSWIRE) -- Corona Premier, the exceptionally smooth light beer, has teamed up with golf lifestyle brand Eastside Golf to inspire greater inclusivity and diversity on the course.

Key Points: 
  • CHICAGO, Sept. 13, 2022 (GLOBE NEWSWIRE) -- Corona Premier, the exceptionally smooth light beer, has teamed up with golf lifestyle brand Eastside Golf to inspire greater inclusivity and diversity on the course.
  • To celebrate the partnership, Corona Premier and Eastside Golf collaborated on a limited-edition bucket hat in support of the Advocates Pro Golf Association , a nonprofit organization that seeks to prepare minority golfers to compete and win at the highest level of professional golf.
  • Corona Premier believes that in order for golf fans to truly live the fine life, every player should feel comfortable bringing their own sense of style to the golf course.
  • About the Corona Brand Family:
    The Corona brand family is home to Corona Extra, Corona Light, Corona Familiar, Corona Premier, Corona Refresca and Corona Hard Seltzer.

Constellation Brands to Report Second Quarter Fiscal 2023 Financial Results; Host Conference Call October 6, 2022

Retrieved on: 
Thursday, September 1, 2022

VICTOR, N.Y., Sept. 01, 2022 (GLOBE NEWSWIRE) -- Constellation Brands, Inc. (NYSE: STZ and STZ.B), a leading beverage alcohol company, announced today it will report financial results for its second quarter ended August 31, 2022, on Thursday, October 6, 2022, before the open of the U.S. markets.

Key Points: 
  • VICTOR, N.Y., Sept. 01, 2022 (GLOBE NEWSWIRE) -- Constellation Brands, Inc. (NYSE: STZ and STZ.B), a leading beverage alcohol company, announced today it will report financial results for its second quarter ended August 31, 2022, on Thursday, October 6, 2022, before the open of the U.S. markets.
  • The conference call can be accessed by dialing +1-877-407-9121 and entering conference identification number 13732540, beginning at 10:20 a.m. EDT.
  • A live, listen-only webcast of the conference call will be available on the companys investor relations website at ir.cbrands.com under the News & Events section.
  • For anyone unable to participate in the conference call, a replay will be available on the companys investor relations website.

Constellation Brands to Present at the 2022 Barclays Global Consumer Staples Conference on September 7, 2022

Retrieved on: 
Thursday, August 25, 2022

VICTOR, N.Y., Aug. 25, 2022 (GLOBE NEWSWIRE) -- Constellation Brands, Inc. (NYSE: STZ and STZ.B), 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 2022 Barclays Global Consumer Staples Conference on Wednesday, September 7 in Boston, Mass.

Key Points: 
  • VICTOR, N.Y., Aug. 25, 2022 (GLOBE NEWSWIRE) -- Constellation Brands, Inc. (NYSE: STZ and STZ.B), 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 2022 Barclays Global Consumer Staples Conference on Wednesday, September 7 in Boston, Mass.
  • ET and is expected to cover the companys 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 companys 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 companys website through the close of business on October 7, 2022.