Constellation Brands: Not a Short-Term Gamble
Constellation Brands, Inc. (NYSE: STZ) is a producer of beer, wine, and spirits. The New York-based company also markets and sells its manufactured and imported products in the United States and internationally. Its popular beer brands are Modelo, Pacifico, and Corona, while its wine and spirits offerings include Robert Mondavi Winery and High West Whiskey. In the last five fiscal years (2018-2022), the revenues of Constellation Brands have increased by 3.1% CAGR. The beer business accounted for 76.6% of revenues in Fiscal 2022 (ended February 28, 2022), higher than 61.5% in Fiscal 2018. Shares of this $44.8-billion company have increased 21.7% in the past five years.
Constellation Brands: Not a Short-Term Gamble
Constellation Brands, Inc. (NYSE: STZ) is a producer of beer, wine, and spirits. The New York-based company also markets and sells its manufactured and imported products in the United States and internationally. Its popular beer brands are Modelo, Pacifico, and Corona, while its wine and spirits offerings include Robert Mondavi Winery and High West Whiskey. In the last five fiscal years (2018-2022), the revenues of Constellation Brands have increased by 3.1% CAGR. The beer business accounted for 76.6% of revenues in Fiscal 2022 (ended February 28, 2022), higher than 61.5% in Fiscal 2018. Shares of this $44.8-billion company have increased 21.7% in the past five years.