Latest news with #ModeloEspecial
Yahoo
29-05-2025
- Business
- Yahoo
Constellation Brands to Report First Quarter 2026 Financial Results on July 1, 2025 After Market Close and Host Conference Call on July 2, 2025 at 10:30 AM ET
ROCHESTER, N.Y., May 29, 2025 (GLOBE NEWSWIRE) -- Constellation Brands, Inc. (NYSE: STZ), a leading beverage alcohol company, announced today it will report financial results for its first quarter ending May 31, 2025, on Tuesday, July 1, 2025, after the close of the U.S. markets by posting the earnings release and financial tables, as well as other supporting materials, on the company's investor relations website at A live conference call for analysts to discuss the company's financial results, operating performance, strategic business initiatives, and outlook for the future with President and Chief Executive Officer, Bill Newlands, and Executive Vice President and Chief Financial Officer, Garth Hankinson, will be hosted at 10:30 a.m. ET on Wednesday, July 2, 2025. The conference call can be accessed by dialing +1-877-407-9121 and entering conference identification number 13754108, beginning at 10:20 a.m. ET. A live, listen-only webcast of the conference call will be available on the company's investor relations website at under the News & Events section. When the conference call begins, financial information discussed on the call, and reconciliations of reported GAAP financial measures with comparable and other non-GAAP financial measures, will also be available on the company's investor relations website under the Financial History section. For anyone unable to participate in the conference call, a replay will be available on the company's investor relations CONSTELLATION BRANDSConstellation Brands (NYSE: STZ) is a leading international producer and marketer of beer, wine, and spirits with operations in the U.S., Mexico, New Zealand, and Italy. Our mission is to build brands that people love because we believe elevating human connections is Worth Reaching For. It's worth our dedication, hard work, and calculated risks to anticipate market trends and deliver more for our consumers, shareholders, employees, and industry. This dedication is what has driven us to become one of the fastest-growing, large CPG companies in the U.S. at retail, and it drives our pursuit to deliver what's next. Every day, people reach for our high-end, iconic imported beer brands such as those in the Corona brand family like the flagship Corona Extra, Modelo Especial and the flavorful lineup of Modelo Cheladas, Pacifico, and Victoria; our fine wine and craft spirits brands including The Prisoner Wine Company, Robert Mondavi Winery, Casa Noble Tequila, and High West Whiskey; and our premium wine brands such as Kim Crawford. As an agriculture-based company, we strive to operate in a way that is sustainable and responsible. Our ESG strategy is embedded into our business and we focus on serving as good stewards of the environment, investing in our communities, and promoting responsible beverage alcohol consumption. We believe these aspirations in support of our longer-term business strategy allow us to contribute to a future that is truly Worth Reaching For. To learn more, visit and follow us on X, Instagram, and LinkedIn. MEDIA CONTACTS INVESTOR RELATIONS CONTACTS Amy Martin 585-678-7141 / Carissa Guzski 315-525-7362 / Joseph Suarez 773-551-4397 / Snehal Shah 847-385-4940 / Paccapaniccia 585-282-7227 / A downloadable PDF copy of this news release can be found in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
23-05-2025
- Business
- Yahoo
Constellation Brands to Present at the 2025 Deutsche Bank Global Consumer Conference on June 3, 2025
ROCHESTER, N.Y., May 23, 2025 (GLOBE NEWSWIRE) -- Constellation Brands, Inc. (NYSE: STZ), a leading beverage alcohol company, announced today that Bill Newlands, President and Chief Executive Officer, and Garth Hankinson, Executive Vice President and Chief Financial Officer, will participate in a fireside chat at the 2025 Deutsche Bank Global Consumer Conference on Tuesday, June 3, 2025 in Paris, France. The presentation is scheduled to begin at 2:00 p.m. CEST and is expected to cover the company's financial metrics, operating performance, strategic business initiatives, and outlook for the future. A live, listen-only webcast of the presentation will be available on the company's investor relations website at under the News & Events section. When the presentation begins, financial information discussed in the presentation, and reconciliations of reported GAAP financial measures with comparable and other non-GAAP financial measures, will also be available on the company's investor relations website under the Financial History section. For anyone unable to participate in the webcast, a replay will be available on the company's investor relations website through the close of business on June 2, CONSTELLATION BRANDSConstellation Brands (NYSE: STZ) is a leading international producer and marketer of beer, wine, and spirits with operations in the U.S., Mexico, New Zealand, and Italy. Our mission is to build brands that people love because we believe elevating human connections is Worth Reaching For. It's worth our dedication, hard work, and calculated risks to anticipate market trends and deliver more for our consumers, shareholders, employees, and industry. This dedication is what has driven us to become one of the fastest-growing, large CPG companies in the U.S. at retail, and it drives our pursuit to deliver what's next. Every day, people reach for our high-end, iconic imported beer brands such as those in the Corona brand family like the flagship Corona Extra, Modelo Especial and the flavorful lineup of Modelo Cheladas, Pacifico, and Victoria; our fine wine and craft spirits brands, including The Prisoner Wine Company, Robert Mondavi Winery, Casa Noble Tequila, and High West Whiskey; and our premium wine brands such as Kim Crawford. As an agriculture-based company, we strive to operate in a way that is sustainable and responsible. Our ESG strategy is embedded into our business and we focus on serving as good stewards of the environment, investing in our communities, and promoting responsible beverage alcohol consumption. We believe these aspirations in support of our longer-term business strategy allow us to contribute to a future that is truly Worth Reaching For. To learn more, visit and follow us on X, Instagram, and LinkedIn. MEDIA CONTACTS INVESTOR RELATIONS CONTACTS Amy Martin 585-678-7141 / Carissa Guzski 315-525-7362 / Joseph Suarez 773-551-4397 / Snehal Shah 847-385-4940 / Paccapaniccia 585-282-7227 / A downloadable PDF copy of this news release can be found here. in to access your portfolio
Time of India
16-05-2025
- Business
- Time of India
Warren Buffett's Berkshire Hathaway doubles stake in alcohol stock Constellation, sells Citigroup & other financial stocks
Warren Buffett 's Berkshire Hathaway said on Thursday it more than doubled its stake in alcoholic beverages producer Constellation Brands, while shedding investments in Citigroup and other financial services companies. Berkshire disclosed the trades in a regulatory filing detailing its U.S.-listed stock holdings as of March 31. It said its Constellation stake grew to about 12 million shares worth $2.2 billion from 5.6 million shares at year end. That gave Berkshire a 6.6% stake in the maker of Corona and Modelo Especial beer, and Meiomi, Robert Mondavi and Kim Crawford wines. Constellation shares rose 2.7% after markets closed. Live Events Berkshire exited its three-year-old stake in Citigroup, and no longer reported owning a stake in the parent of Brazilian fintech lender Nubank. It also reduced its stake in Bank of America to 632 million shares from 1.03 billion last July, and trimmed its stake in Capital One, which plans this weekend to buy credit card issuer Discover Financial Services. Berkshire's quarterly disclosures of its stock portfolio do not say whether Buffett, his portfolio managers Todd Combs and Ted Weschler, or future Chief Executive Greg Abel are behind individual sales and purchases. Combs and Weschler normally handle smaller investments, and Buffett has delegated more capital allocation to Abel. Stock prices often rise when Berkshire discloses new holdings or adds to existing holdings because investors view the changes as carrying Buffett's stamp of approval. Thursday's filing shows Berkshire also obtained U.S. Securities and Exchange Commission permission to keep one or more holdings confidential. This keeps investors from piggybacking on Berkshire before it is done buying. Berkshire obtained such permission for its investments in Chevron and Chubb, and former investments in Exxon Mobil, IBM and Verizon. NET SELLER Berkshire bought $3.18 billion and sold $4.68 billion of equities between January and March, the 10th straight quarter it was a net seller of stocks. It ended March with $347.7 billion of cash and equivalents. Berkshire maintained its largest position, a 300 million share stake in Apple worth $66.6 billion. It has also been adding to its stakes in five Japanese trading houses. At Berkshire's annual shareholder meeting on May 3, Buffett downplayed concerns about the cash, saying good investments do not pop up in an orderly fashion. "We would rather have conditions that are developed where we would have like $50 billion" in cash, he said. "But that just isn't the way the business works. We have made a lot of money by not wanting to be fully invested at all times." The Omaha, Nebraska-based conglomerate also owns close to 200 businesses including Geico car insurance, the BNSF railroad, and many energy, industrial, retail and service companies. Buffett, 94, is arguably the world's most famous investor. He is the world's fifth-richest person, with a $157.8 billion fortune, according to Forbes magazine. Abel, 62, is expected to become Berkshire chief executive on January 1, 2026. Buffett would remain chairman. ETMarkets WhatsApp channel )
Yahoo
16-05-2025
- Business
- Yahoo
Berkshire doubles Constellation stake, sells Citigroup and other financial stocks
By Jonathan Stempel (Reuters) -Warren Buffett's Berkshire Hathaway said on Thursday it more than doubled its stake in alcoholic beverages producer Constellation Brands, while shedding investments in Citigroup and other financial services companies. Berkshire disclosed the trades in a regulatory filing detailing its U.S.-listed stock holdings as of March 31. It said its Constellation stake grew to about 12 million shares worth $2.2 billion from 5.6 million shares at year end. That gave Berkshire a 6.6% stake in the maker of Corona and Modelo Especial beer, and Meiomi, Robert Mondavi and Kim Crawford wines. Constellation shares rose 2.7% after markets closed. Berkshire exited its three-year-old stake in Citigroup, and no longer reported owning a stake in the parent of Brazilian fintech lender Nubank. It also reduced its stake in Bank of America to 632 million shares from 1.03 billion last July, and trimmed its stake in Capital One, which plans this weekend to buy credit card issuer Discover Financial Services. Berkshire's quarterly disclosures of its stock portfolio do not say whether Buffett, his portfolio managers Todd Combs and Ted Weschler, or future Chief Executive Greg Abel are behind individual sales and purchases. Combs and Weschler normally handle smaller investments, and Buffett has delegated more capital allocation to Abel. Stock prices often rise when Berkshire discloses new holdings or adds to existing holdings because investors view the changes as carrying Buffett's stamp of approval. Thursday's filing shows Berkshire also obtained U.S. Securities and Exchange Commission permission to keep one or more holdings confidential. This keeps investors from piggybacking on Berkshire before it is done buying. Berkshire obtained such permission for its investments in Chevron and Chubb, and former investments in Exxon Mobil, IBM and Verizon. NET SELLER Berkshire bought $3.18 billion and sold $4.68 billion of equities between January and March, the 10th straight quarter it was a net seller of stocks. It ended March with $347.7 billion of cash and equivalents. Berkshire maintained its largest position, a 300 million share stake in Apple worth $66.6 billion. It has also been adding to its stakes in five Japanese trading houses. At Berkshire's annual shareholder meeting on May 3, Buffett downplayed concerns about the cash, saying good investments do not pop up in an orderly fashion. "We would rather have conditions that are developed where we would have like $50 billion" in cash, he said. "But that just isn't the way the business works. We have made a lot of money by not wanting to be fully invested at all times." The Omaha, Nebraska-based conglomerate also owns close to 200 businesses including Geico car insurance, the BNSF railroad, and many energy, industrial, retail and service companies. Buffett, 94, is arguably the world's most famous investor. He is the world's fifth-richest person, with a $157.8 billion fortune, according to Forbes magazine. Abel, 62, is expected to become Berkshire chief executive on January 1, 2026. Buffett would remain chairman. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
New Straits Times
16-05-2025
- Business
- New Straits Times
Berkshire doubles Constellation stake, sells Citigroup and other financial stocks
KUALA LUMPUR: Warren Buffett's Berkshire Hathaway said on Thursday it more than doubled its stake in alcoholic beverages producer Constellation Brands, while shedding investments in Citigroup and other financial services companies. Berkshire disclosed the trades in a regulatory filing detailing its US-listed stock holdings as of March 31. It said its Constellation stake grew to about 12 million shares worth US$2.2 billion from 5.6 million shares at year end. That gave Berkshire a 6.6 per cent stake in the maker of Corona and Modelo Especial beer, and Meiomi, Robert Mondavi and Kim Crawford wines. Constellation shares rose 2.7 per cent after markets closed. Berkshire exited its three-year-old stake in Citigroup, and no longer reported owning a stake in the parent of Brazilian fintech lender Nubank. It also reduced its stake in Bank of America to 632 million shares from 1.03 billion last July, and trimmed its stake in Capital One, which plans this weekend to buy credit card issuer Discover Financial Services. Berkshire's quarterly disclosures of its stock portfolio do not say whether Buffett, his portfolio managers Todd Combs and Ted Weschler, or future Chief Executive Greg Abel are behind individual sales and purchases. Combs and Weschler normally handle smaller investments, and Buffett has delegated more capital allocation to Abel. Stock prices often rise when Berkshire discloses new holdings or adds to existing holdings because investors view the changes as carrying Buffett's stamp of approval. Thursday's filing shows Berkshire also obtained US Securities and Exchange Commission permission to keep one or more holdings confidential. This keeps investors from piggybacking on Berkshire before it is done buying. Berkshire obtained such permission for its investments in Chevron and Chubb, and former investments in Exxon Mobil, IBM and Verizon. NET SELLER Berkshire bought US$3.18 billion and sold US$4.68 billion of equities between January and March, the 10th straight quarter it was a net seller of stocks. It ended March with US$347.7 billion of cash and equivalents. Berkshire maintained its largest position, a 300 million share stake in Apple worth US$66.6 billion. It has also been adding to its stakes in five Japanese trading houses. At Berkshire's annual shareholder meeting on May 3, Buffett downplayed concerns about the cash, saying good investments do not pop up in an orderly fashion. "We would rather have conditions that are developed where we would have like US$50 billion" in cash, he said. "But that just isn't the way the business works. We have made a lot of money by not wanting to be fully invested at all times." The Omaha, Nebraska-based conglomerate also owns close to 200 businesses including Geico car insurance, the BNSF railroad, and many energy, industrial, retail and service companies. Buffett, 94, is arguably the world's most famous investor. He is the world's fifth-richest person, with a US$157.8 billion fortune, according to Forbes magazine. Abel, 62, is expected to become Berkshire chief executive on January 1, 2026. Buffett would remain chairman.
