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April 9, 2014
11:10 EDTSTZConstellation Brands sees headwinds from grape costs abating
In FY15, sees CapEx $575M-$625M including $450M-$500M for the beer business driven by brewery expansion activities. Sees low to mid single digit operating income growth for wine and spirits in FY15. The company expects to face difficult comparisons in 2H15. Says targeted wine and spirits EBIT growth for FY15 is weighted towards 2H15. Says beer acquisition has been a "game changer." Says improved commercial results keep free cash flow and deleveraging goals intact.
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June 23, 2015
15:36 EDTSTZConstellation Brands July volatility low into Q1 and outlook
Constellation Brands July call option implied volatility is at 22, August is at 21, October is at 22; compared to its 52-week range of 16 to 31, suggesting low price movement into the expected release of Q1 results on July 2.
June 17, 2015
17:33 EDTSTZConstellation Brands to employ over 2,500 Mexican workers in Nava brewery
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June 16, 2015
19:17 EDTSTZConstellation Brands investing $2B in Mexican operation, Reuters says
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June 15, 2015
08:46 EDTSTZConstellation Brands appoints David Klein as CFO
Constellation Brands announced that EVP and CFO Bob Ryder is leaving the company after the completion of the company's first quarter 10-Q filing. David Klein has been promoted to Executive Vice President and CFO. Ryder's departure from the company is an amicable one and is unrelated to the company's financial performance or financial reporting. Ryder and Klein will work together to ensure a smooth transition.

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