Constellation Brands

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Constellation Brands Performance Trends 2016-2020 - results data

3 Jun 2020

In April, Constellation Brands reported its results for the 12 months to the end of February. Sales in fiscal-2020 were up 3% on the corresponding period a year earlier, a less impressive performance than the +7% posted in fiscal-2020. Here, just-drinks considers Constellation's performance over the last five years.

Constellation Brands trims assets, brands divestment to E&J Gallo again

29 May 2020

Constellation Brands has undertaken a further revision of the terms of its protracted asset sale to E&J Gallo Winery.

Montanya Distillers poised for UK rum debut with EU next in sights

13 May 2020

Montanya Distillers has partnered with Skylark Spirits to roll-out its four-strong line of US rum expressions to the UK, with a view to upping its presence across the European Union.

Molson Coors Beverage Co Performance Trends 2015-2019 - results data

13 May 2020

In mid-February, Molson Coors Beverage Co released its full-year results for 2019. The group posted flat sales for the 12 months on a 3.5% decline in volumes. Here, just-drinks considers Molson Coors' performance over the last five years.

Constellation Brands increases Canopy Growth stake with US$173m investment

4 May 2020

Constellation Brands has paid CAD245m (US$173m) to up its holding in Canadian cannabis partner Canopy Growth.

US on-premise "won't just snap back" from coronavirus wipeout - The Boston Beer Co

24 Apr 2020

The US on-premise may not recover for years, The Boston Beer Co has warned, as the Samuel Adams brewer witnesses the "complete devastation" of its draught keg business.

Hard seltzer can thrive in COVID-19 lockdown - analyst

9 Apr 2020

Hard seltzer can weather the coronavirus storm in the US as the category's core consumers remain insulated from the worst of an expected economic downturn, an analyst has forecast.

Constellation Brands upbeat on US beer supplies despite Mexico brewing ban

8 Apr 2020

Constellation Brands has taken unspecified steps to avoid an "irreversible impact" to its brewing operations in Mexico.

What impact will COVID-19 have on drinks M&A? - comment

7 Apr 2020

Several weeks into COVID-19's appearance and its rapid spread in the US, the virus's impact on the beverage alcohol industry and related merger and acquisition activity is starting to come into focus. Some commentators have covered in detail the epidemic's impact on particular beer, wine and spirits brands and sales channels, notably the dramatic shift towards off-premise sales at the expense of everything else. Unaddressed is what this means for the current M&A environment and aspiring buyers and sellers during what looks to be a year of continued market volatility.

Constellation Brands ups CSR ante with new senior executive post

7 Apr 2020

Constellation Brands has created the role of chief corporate social responsibility (CSR) officer.

How has Constellation Brands performed in fiscal-2020? - results data

3 Apr 2020

Constellation Brands enjoyed a final flourish in its latest fiscal full-year, the last before the effects of the coronavirus pandemic will hit.

Anheuser-Busch InBev halts Mexican brewing after coronavirus ruling

3 Apr 2020

Anheuser-Busch InBev is to cease brewing operations in Mexico, after the country's authorities deemed beer production as non-essential.

Coronavirus takes shine off hard seltzer's moment in the sun - comment

2 Apr 2020

It was supposed to be the summer of seltzer. But the coronavirus outbreak in the US has put paid to what analyst estimated would be a 270% increase in sales this year for one of the hottest categories in alcoholic drinks.

Top US brewers in 2019 - data

2 Apr 2020

This week, US trade body The Brewers Association released its annual chart listing the largest brewers in the country in volume terms in 2019. Here is the top 50.

US beer enjoys coronavirus bounce in off-premise - figures

31 Mar 2020

Beer sales in US off-premise channel surged at the start of the coronavirus emergency, new figures have shown.

More drinks firms pledge industry support amid coronavirus outbreak

24 Mar 2020

A raft of drinks companies have joined the movement to support the trade and communities struggling to deal with the COVID-19 pandemic.

US off-premise sales soar for Constellation Brands as consumers head home

23 Mar 2020

Constellation Brands has seen its beer volumes leap by almost a third in the US off-premise channel in the last month, as consumers avoid the on-premise to stem the spread of COVID-19.

Constellation Brands' Woodbridge secures 'official wine' status with Major League Baseball

10 Mar 2020

Constellation Brands has agreed another sports tie-up in the US for its Woodbridge wine brand, this time with Major League Baseball.

Constellation Brands closes Ballast Point sale

3 Mar 2020

Constellation Brands has completed the sale of the Ballast Point craft beer business to Kings & Convicts Brewing Co.

just-drinks' Mergers & Acquisitions database - February 2020 - FREE TO ACCESS

2 Mar 2020

Here, just-drinks consolidates the M&A activity in the global drinks industry during February, a quiet month that saw Constellation Brands dive deeper into hard seltzer, Anheuser-Busch InBev make a wine play in Argentina and Campari Group close its planned distribution acquisition in France.

Constellation Brands hits out at Corona "misinformation"

2 Mar 2020

Constellation Brands has moved to address "unfounded concerns" that the coronavirus has impacted US consumer demand for Corona beer.

Constellation Brands gets behind incubator project Karma Wellness Water

20 Feb 2020

Constellation Brands has announced a marketing activation in collaboration with incubator brand Karma Wellness Water.

Constellation Brands acquires Press Premium Alcohol Seltzer stake

3 Feb 2020

Constellation Brands has followed its recent forecast of booming sales for hard seltzers in the US with the purchase of a holding in Press Premium Alcohol Seltzer in the country.

What is the outlook for CBD beverages in Europe? - focus

27 Jan 2020

Recent comments from regulators in Europe have left some in the food and beverage industry worried about what's ahead for the region's nascent CBD food market. Simon Creasey explores further.

Canopy Growth postpones cannabis beverage roll-out, blaming manufacturing issues

24 Jan 2020

Constellation Brands' Canadian cannabis partner has delayed the launch of THC-infused beverages in the country because of production scaling issues.

Where you should invest in 2020, what's the worst ever beer deal and why Vimto could be a 2020 no-no - The just-drinks Analyst

23 Jan 2020

In his first just-drinks outing of 2020, in-house analyst Ian Shackleton shares his drinks stock tip, flags what could be the worst beer transaction of all-time and considers what could be a tough 12 months for one of the UK's more curious soft drinks players.

Constellation Brands ups Canopy Growth presence through board appointments

22 Jan 2020

The number of Constellation Brands executives working in high-level posts at Canadian cannabis partner Canopy Growth has increased with two new board appointments.

US hard seltzer sales to jump by 270% in 2020 - analyst

14 Jan 2020

Hard seltzer is set to almost triple in value in the US this year as demand for the booming beverage category refuses to subside, an analyst has forecast.

Hard seltzer volumes can reach 180m cases in US - Constellation Brands

9 Jan 2020

The hard seltzer category still has room to triple its volumes in the US, according to Constellation Brands CEO Bill Newlands, as the group prepares to launch a Corona-branded variant in the fast-growing category.

How has Constellation Brands performed in YTD fiscal-2020? - results data

8 Jan 2020

An improved quarter for Constellation Brands' beer operations has failed to counter declining sales from the group's spirits and soon-to-be-pared back wine divisions.

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