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STZ

Constellation Brands

$106.14 /

-13.77 (-11.48%)

, STZ.B

Constellation Brands; also tag STZ

$106.00 /

-14 (-11.67%)

07:32
03/24/20
03/24
07:32
03/24/20
07:32

Constellation says continuing to work with officials on Mexicali brewery project

Constellation Brands responded to the outcome of a recent public consultation in Mexicali, Baja California which voiced opposition to the company's plans to build a new brewery in the city. "We will continue working with local authorities, government officials and members of the community on next steps related to our brewery construction project in Mexicali and options elsewhere in Mexico," said Bill Newlands, president and CEO at Constellation Brands. "In the meantime, it's important to note that we have ample capacity, based on current growth forecasts and production capabilities at our Nava brewery and soon to be completed expansion in Obregon, to continue fueling the growth of our beer business in the medium-term. We've had a positive, mutually beneficial relationship with Mexico for more than 30 years and we fully expect this to continue." Since 2013, Constellation has made significant investments in its production operations throughout Mexico to support the robust growth of its import beer business. The company will leverage these investments and other options to continue meeting the needs of U.S. consumers over the long-term.

STZ

Constellation Brands

$106.14 /

-13.77 (-11.48%)

STZ.B

Constellation Brands; also tag STZ

$106.00 /

-14 (-11.67%)

  • 03

    Apr

  • 03

    Apr

STZ Constellation Brands
$106.14 /

-13.77 (-11.48%)

03/24/20 Jefferies
Jefferies says Constellation brewery referendum a setback, but capacity adequate
03/20/20 Guggenheim
Guggenheim upgrades five 'battered' food and beverage stocks
03/20/20 Jefferies
Molson Coors upgraded to Hold from Underperform at Jefferies
03/20/20 Guggenheim
Constellation Brands upgraded to Buy from Neutral at Guggenheim
STZ.B Constellation Brands; also tag STZ
$106.00 /

-14 (-11.67%)

01/10/20 Argus
Constellation Brands downgraded to Hold from Buy at Argus
10/14/19 Seaport Global
Canopy, Hexo downgraded to Neutral as Seaport Global cuts cannabis estimates
09/20/19 MKM Partners
MKM Partners starts Constellation at Buy on Modelo's 'unrelenting strength'

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