Constellation Brands sells Svedka Vodka to Sazerac

Constellation Brands is divesting Svedka vodka to Sazerac to focus on premium spirits, streamlining its portfolio and adapting to changing consumer preferences.

Constellation Brands to sell Svedka Vodka to Sazerac, sharpens focus on premium spirits

Constellation Brands sells Svedka vodka to Sazerac, focusing on premium wine and spirits amid struggles in the wine market, leading to a significant financial write-down.

Constellation Brands stock drops on Trump tariff plan

BMO juices up US wine unit with new hiring, bets on industry recovery

BMO is expanding its wine business post-acquisition, betting on a recovery in U.S. wine sales, while competing with Silicon Valley Bank in serving the industry.

TD Cowen slashes ratings for beer sellers Constellation Brands, AB InBev

TD Cowen downgraded Constellation Brands and Anheuser Busch Inbev to 'Hold' due to demand challenges, declining sales forecasts, and macroeconomic pressures affecting their beer businesses.

Earnings call: Constellation Brands reports robust beer growth, wine challenges

Constellation Brands beats quarterly results estimates on strong beer demand

Constellation Brands tops Q2 earnings, revenue estimates

Constellation Brands to record up to $2.5 billion in charges linked to wine business

Constellation Brands will write down its wine and spirits business, taking a charge of up to $2.5 billion due to weak U.S. demand, lowering its earnings and sales forecasts.

Constellation Brands cuts annual forecast for earnings, sales growth

Constellation Brands revised its fiscal 2025 EPS forecast, adjusting sales growth expectations and announcing a goodwill impairment while maintaining confidence in achieving double-digit growth.