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2 Reasons Why Constellation Brands Likely Won't Be Buying Brown-Forman
Wednesday, May 24, 2017 - 10:29am | 488Constellation Brands, Inc. (NYSE: STZ) has difficulty walking the line, according to Credit Suisse. The company continues to stumble over decelerating growth in its Mexican beer line, ultimately insignificant acquisitions in the wine and spirit space, and general underperformance regarding its...
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Brown-Forman Spurns Constellation's Acquisition Approach
Tuesday, May 23, 2017 - 4:11pm | 256Brown-Forman Corporation (NYSE: BF-A) (NYSE: BF-B) rejected a buyout bid by Constellation Brands, Inc. (NYSE: STZ) Tuesday but conveyed the offer to the board, according to a CNBC report. The Jack Daniel’s owner allegedly said it had no interest in a sale, a perspective that aligns with the...
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Tapping Into Constellation Brands' Growth, CEO Has Answers
Friday, April 10, 2015 - 1:48pm | 358Constellation Brands, Inc. (NYSE: STZ) came out with better-than-expected quarterly numbers on Thursday. Sales of the company rose 5 percent to $1.36 billion for the quarter, while EPS rose 34 percent to $1.06 year-over-year. Constellation Brands CEO Rob Sands was on CNBC recently to discuss...