CONSTELLATION BRANDS


Associated tags: Constellation, Constellation Brands, Love, CPG, NYSE, Wine

Locations: NEW YORK, BOSTON, MA, VICTOR, NY, US, BERNSTEIN

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.

Next Round Cocktails Dress in a Box Sweepstakes Helps Party Hosts Get Even More Party-Ready

Retrieved on: 
Wednesday, July 6, 2022

CHICAGO, July 6, 2022 /PRNewswire/ -- For the spontaneous, yet creative, party host, Next Round Cocktails is ready to serve the next summer gathering, providing all that is needed for great taste and artistic style. For some lucky party hosts, this includes the chance to win a Next Round Cocktails-branded cocktail dress, just like the ones that will be worn by some of their favorite social influencers this summer. The new ready-to-drink (RTD) boxed wine cocktails are made with crisp wine and real fruit juice* for balanced sweetness and a nontraditional, modern take on classic flavors: Salted Lime Margarita and Strawberry Lime Rosé Sangria. With its artistic and convenient "push, pour, party" packaging, guests can simply pour from the box over ice in a glass and enjoy.

Key Points: 
  • With its artistic and convenient "push, pour, party" packaging, guests can simply pour from the box over ice in a glass and enjoy.
  • Next Round Cocktails Strawberry Lime Ros Sangria is made with real fruit juice* and crisp rose wine for a light and refreshing taste, with a 10% ABV.
  • Next Round Cocktails offers convenience and affordability with artistic packaging for crowd-pleasing taste and style that helps party hosts be ready for the next gathering.
  • Follow Next Round Cocktails for party inspiration @drinknextround on Pinterest , Instagram , Facebook and Twitter .

Constellation Brands Enters the Ready-to-Drink (RTD) Boxed Wine Cocktail Category with the Launch of Next Round Cocktails™, Artfully Designed to Serve a Crowd in Style

Retrieved on: 
Wednesday, March 30, 2022

CHICAGO, March 30, 2022 /PRNewswire/ -- Today, Constellation Brands introduces Next Round Cocktails™, its first-ever ready-to-drink (RTD) and multi-serve boxed wine cocktails made with a blend of real fruit juice* and crisp wine that is artfully packaged for crowd-pleasing style and taste. Party hosts of social gatherings can instantly set the scene with Next Round Cocktails offering the popular flavors of Salted Lime Margarita and Strawberry Lime Sangria, and guests can simply pour from the box over ice in a glass and enjoy.

Key Points: 
  • The options include:
    Next Round Cocktails Salted Lime Margarita made with real fruit juice*, a sprinkle of salt, and white wine for the perfect balance of tart and sweet, with a 13.5% ABV.
  • Next Round Cocktails Strawberry Lime Sangria made with real fruit juice* and crisp rose wine for a light and refreshing taste, with a 10% ABV.
  • Designed to elevate any table scape or tailgate, Next Round Cocktails are boxed for easy travel and ready to serve.
  • Next Round Cocktails is Constellation Brands' first Ready-to-Drink (RTD) Boxed Wine Cocktail innovation made with crisp wine and real fruit juice* and launched in March of 2022.

Mexicali Resiste VS. Constellation Brands: Activists Demand WATER RIGHTS and FREEDOM

Retrieved on: 
Saturday, November 13, 2021

SAN FRANCISCO, Nov. 13, 2021 /PRNewswire/ -- On November 9th, Mexicali Resiste led dozens of activists, including representatives from Alcohol Justice, in a march on alcohol giant Constellation Brands to save three compatriots from dubious charges filed in Mexican court. These charges stem from Mexicali Resiste's work four years ago to prevent Constellation, a U.S.-based corporation with offices in San Francisco, from acquiring exclusive water rights in the drought-stricken Mexicali Valley. This trial is just the latest salvo in an ongoing struggle against Big Alcohol's takeovers of dwindling aquifers, a struggle that already has a body count. The trial is currently scheduled for the 16th of November. 

Key Points: 
  • These charges stem from Mexicali Resiste's work four years ago to prevent Constellation, a U.S.-based corporation with offices in San Francisco, from acquiring exclusive water rights in the drought-stricken Mexicali Valley.
  • In 2015, the governor of Baja California awarded Constellation Brands rights to draw from the aquifer in Mexicali in service of a new factory.
  • "We denounce Constellation Brands for commodifying water in a region that is experiencing severe water shortage.
  • Justice for the Mexicali Resiste members, safety for the residents of Mexican border states, accountability for Big Alcohol, and access to water are not separate issues.

LiveXLive's React Presents Announces Spring Awakening Music Festival's (SAMF) Return To The City Of Chicago, Addams/Medill Park Saturday, October 2 & Sunday, October 3, 2021

Retrieved on: 
Friday, May 14, 2021

SAMF is presented in partnership with Corona Electric Beach - the exclusive beer and seltzer partner for the Festival.

Key Points: 
  • SAMF is presented in partnership with Corona Electric Beach - the exclusive beer and seltzer partner for the Festival.
  • From 2016-2018, the festival took place at this location near downtown with the Chicago skyline in the background before moving to the suburbs of Illinois.
  • These forward-looking statements speak only as of the date hereof and the Company disclaims any obligations to update these statements, except as may be required by law.
  • The Company intends that all forward-looking statements be subject to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995.\n'

National Restaurant Association Educational Foundation Puts Restaurant Worker Futures Back on Track

Retrieved on: 
Tuesday, April 6, 2021

WASHINGTON, April 6, 2021 /PRNewswire/ -- The National Restaurant Association Educational Foundation (NRAEF) announced today the launch of " Restaurants Advance ," a national fundraising campaign to help current and future restaurant workers access the education and training they need to put their job or career back on track.

Key Points: 
  • WASHINGTON, April 6, 2021 /PRNewswire/ -- The National Restaurant Association Educational Foundation (NRAEF) announced today the launch of " Restaurants Advance ," a national fundraising campaign to help current and future restaurant workers access the education and training they need to put their job or career back on track.
  • The National Restaurant Association reports that 110,000 or 17% of restaurants have closed permanently and or long-term, the vast majority of permanently closed restaurants were well-established businesses and fixtures in their communities.
  • Restaurants Advance Entrepreneurship putting people from all backgrounds on a pathway to restaurant ownership and/or an executive level leadership position.
  • The National Restaurant Association Educational Foundation's mission of service to the public is dedicated to enhancing the industry's training and education, career development and community engagement efforts.

Corona and Snoop Dogg Welcome You to La Vida Más Fina

Retrieved on: 
Monday, August 17, 2020

CHICAGO, Aug. 17, 2020 /PRNewswire/ -- The Corona family of brands has teamed up with entertainment icon Snoop Dogg to debut "La Vida Ms Fina," its first campaign designed to unite the Corona brand family.

Key Points: 
  • CHICAGO, Aug. 17, 2020 /PRNewswire/ -- The Corona family of brands has teamed up with entertainment icon Snoop Dogg to debut "La Vida Ms Fina," its first campaign designed to unite the Corona brand family.
  • Teaming up with a brand like Corona to encourage people to find more good in life, that's La Vida Ms Fina."
  • "La Vida Ms Fina is a modern expression of Corona's lifestyle and respected place in culture," said Ann Legan, vice president of brand marketing, Corona.
  • The Corona brand family is home to Corona Extra, Corona Light, Corona Familiar, Corona Premier, Corona Refresca and in 2020, the national launch of Corona Hard Seltzer.