Analysts adjust Corona beer parent company stock price target on sales [Yahoo! Finance]
Constellation Brands, Inc. (STZ)
Last constellation brands, inc. earnings: 4/3 07:30 am
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Source: Yahoo! Finance
Five thousand years ago, employers in the ancient city of Uruk used a particular currency to pay their workers: beer. Tablets excavated from the area record the amount of the sudsy stuff allotted to each worker, according to New Scientist , in what is believed to be the world's oldest known pay slip, But tastes have changed over the millennia, and though people may be crying, they ain't doing it in their beer. In 2023, Americans consumed the lowest level of beer in a generation, shifting away from traditional favorites to other forms of alcohol — and in a growing number of cases, avoiding alcoholic beverages altogether. "It was a tough year for beer," said David Steinman, vice president and executive editor of Beer Marketer's Insights, told NBC News in December. Industry analysts pointed to several factors for the ailing numbers, including competition from new alcohol products, many of which are from nontraditional producers. And consumers aren't just skipping the brewski
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STZ
News
- Constellation Brands (STZ) Earnings Expected to Grow: Should You Buy? [Yahoo! Finance]Yahoo! Finance
- Constellation Brands, Inc. (NYSE: STZ) had its price target raised by analysts at Barclays PLC from $295.00 to $309.00. They now have an "overweight" rating on the stock.MarketBeat
- Some experts are calling for age restrictions on the sale of nonalcoholic drinks. Here's why [CNN]CNN
- Some experts are calling for age restrictions on the sale of nonalcoholic drinks. Here's why [CNN]CNN
- Constellation Brands, Inc. (NYSE: STZ) had its "outperform" rating re-affirmed by analysts at Royal Bank of Canada. They now have a $308.00 price target on the stock.MarketBeat
STZ
Earnings
- 7/3/24 - Beat
STZ
Sec Filings
- 9/3/24 - Form 8-K
- 8/29/24 - Form 8-K
- 8/12/24 - Form 4
- STZ's page on the SEC website