STZ
NYSE · Consumer Defensive · Beverages - Wineries & Distilleries · US
Research · Oct 13, 2026
Constellation Brands (STZ) Q2 FY2027: Beer Sales Lifted by Restocking
Constellation Brands' Q2 beer shipments rose 5.5% while depletions fell 0.6%, so restocking drove sales; Wine and Spirits grew 17% and turned profitable.
Research · Sep 12, 2026
[STZ] Constellation Brands: Can Beer Growth Hold Its Margin?
Constellation Brands posted $2.433 billion of Q1 sales and resilient cash flow; Q2 must show whether beer growth can hold a 37%-38% margin.
Research · Sep 3, 2026
[STZ] Constellation Brands Thesis 2026: Wine Exit Completes the Pure-Play Beer Pivot
Constellation Brands completed its transformation into a pure-play premium beer company in FY2026, selling mainstream wine brands for $846M and SVEDKA for $409M while Beer reached 91% of consolidated revenue. The Beer segment posted $3.16B in comparable operating income at a 38% margin, but reported its first volume decline since the Modelo acquisition as US Hispanic consumer demand softened. EPS recovered to $9.61 from -$0.45 and FCF held at $1.79B as capex eased.
Research · Jun 12, 2026
STZ Stock: USMCA Beer Import Risk Explained
Constellation Mexican beer (Corona Modelo) is 80% revenue. USMCA tariff exposure $300M-$1.5B annual margin impact range.