Constellation Brands

Produces and markets beer, wine, spirits

Constellation Brands

Produces and markets beer, wine, spirits

Overview

Constellation Brands produces and markets beer, wine, and spirits to markets in the U.S., Mexico, New Zealand, and Italy. It owns a portfolio of brands and distributes largely through retailers and distributors, including exclusive U.S. rights to Corona and Modelo. It earns revenue by importing, marketing, and selling these brands across its international footprint, leveraging a broad distribution network and a diversified product mix. Its goal is to grow enduring brands that connect with consumers while pursuing sustainable and responsible operations.

Significant Headcount Growth

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About Constellation Brands

Simplify's Rating

Why Constellation Brands is rated

Rated A on Competitive Edge

Rated B on Growth Potential

Rated C on Differentiation

Industries

Consumer Goods

Company Size

5,001-10,000

Company Stage

IPO

Headquarters

Rochester, NY

Founded

1945

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What believers are saying

October 6, 2026 revenue rose 6.1% to $2.63 billion, beating expectations.
Pacifico grew about 20% in Q2 fiscal 2027, offsetting Modelo and Corona softness.
November 2026 political shifts may ease immigration pressure on Hispanic demand and beer occasions.

What critics are saying

Denver courts blocked Constellation’s September 2026 Coors distribution termination, limiting channel control.
Modelo and Corona depletions fell in Q2 fiscal 2027, signaling consumer fatigue and share pressure.
If Hispanic consumer spending stays weak through 2027, beer growth stalls and valuation compresses.

What makes Constellation Brands unique

Constellation owns perpetual U.S. rights to Corona and Modelo, a fortress beer franchise.
Its 2026 portfolio spans beer, wine, and spirits, anchored by premium imported brands.
SpikedAde’s October 6, 2026 acquisition extends Constellation’s brand-building into spirit-based RTD.

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Funding

Total Funding

$2.1B

Above

Industry Average

Funded Over

3 Rounds

Post IPO Debt funding comparison data is currently unavailable. We're working to provide this information soon!

Post IPO Debt Funding Comparison Coming Soon

Benefits

Health Insurance
Dental Insurance
Vision Insurance
Paid Vacation
401(k) Retirement Plan
Professional Development Budget

Stock Price

Growth & Insights and Company News

6 month growth

1 year growth

2 year growth

Yahoo Finance

Nov 4th, 2026

Alcohol stocks jump as Democratic midterm win lifts hopes on immigration and trade

Alcohol stocks jumped after Democrats won control of Congress, as investors bet a new Congress will push back on Trump administration immigration and trade policies that hurt drinks makers. Constellation Brands, which sells Modelo and Corona in the US, rose as much as 7.4% on Wednesday, its biggest gain since April. Boston Beer, Brown-Forman, and Molson Coors also climbed. Bank of America analyst Peter Galbo upgraded Constellation, saying Democratic control reduces the risk of tighter immigration. Hispanic consumers account for around 40% of its US beer business. Brown-Forman rose on hopes of easing US-Canada tensions. Spirits sales to Canada have fallen 70%, from $232 million to $72 million since 2025, after provinces pulled US labels from shelves in response to tariffs.

Yahoo Finance

Oct 21st, 2026

Constellation Brands shifts focus from consumer worries to marketing as Q2 revenue rises 6.1% to $2.63B

Constellation Brands has changed its message to investors. On its fiscal Q2 2027 call on October 7, 2026, management said higher marketing spending is working and that the company gained more dollar share in beverage alcohol than any rival that quarter. A year earlier, it stressed that 80% of surveyed consumers worried about the economy. Revenue rose 6.1% to $2.63 billion, after a 3.3% fall in fiscal Q1 2027. Beer made up 91.0% of fiscal 2026 revenue at $8.32 billion, down 2.6%. Pacifico is growing about 20%. Marketing is expected to reach about 10% of net sales in the second half of fiscal 2027. The company expects comparable earnings per share at the high end of its $11.20 to $11.90 range. Part of the quarter's gain came from distributor restocking. The stock trades at 11.6 times earnings, against 22.9 for the S&P 500.

Yahoo Finance

Oct 7th, 2026

Constellation Brands beats Q2 estimates despite softer beer demand, buys SpikedAde for $75M

Constellation Brands reported second-quarter fiscal 2027 earnings of $3.74 per share on $2.63 billion in revenue, beating Wall Street expectations of $3.56 per share and $2.54 billion. Beer revenue rose 5% to $2.47 billion, though depletions fell 0.6%, with Modelo Especial down 2% and Corona Extra down 5%. Chief executive Nicholas Fink said consumers now treat beer as occasion-driven rather than default purchases. Hispanic consumers account for 40% of beer revenue but face labour market and household finance pressures. To diversify, Constellation acquired SpikedAde, a spirit-based ready-to-drink brand, for $75 million upfront plus up to $278 million contingent on performance. The company raised its full-year reported EPS outlook to $11.85–$12.55 from $11.50–$12.20.

CNBC

Oct 7th, 2026

Constellation Brands beats estimates with $2.63B revenue, acquires SpikedAde for up to $353M

Constellation Brands, maker of Modelo Especial and Corona, reported fiscal second-quarter adjusted earnings of $3.74 per share on $2.63 billion in revenue, surpassing Wall Street estimates. However, beer depletions declined slightly during the quarter, indicating softer consumer demand. CEO Nicholas Fink noted September depletions improved, with strength in club stores as shoppers seek deals. The company is tailoring products for specific occasions and younger drinkers, focusing on sports and music events. Constellation acquired SpikedAde, a spirit-based ready-to-drink brand, for $75 million upfront, with potential payments reaching $353 million. The deal provides entry into the fast-growing RTD segment, where premixed cocktail sales grew 16.4% in 2025 to $3.8 billion.

Yahoo Finance

Oct 7th, 2026

Constellation Brands Q2 profit jumps 21% to $566M as beer, wine sales rise

Constellation Brands reported second-quarter fiscal 2027 net income of $565.8 million, or $3.32 per share, up from $466.0 million, or $2.65 per share, a year earlier. Net sales rose 6% to $2.63 billion, with beer revenue up 5% and wine and spirits revenue up 17%. On a comparable basis, the company earned $3.74 per share, beating the $3.55 analyst estimate. Revenue also exceeded the $2.54 billion consensus forecast. Beer segment shipment volumes rose 5.5%, whilst depletions slipped 0.6%. The wine and spirits segment swung to a $6.1 million operating profit from a $19.8 million operating loss a year earlier. Constellation acquired SpikedAde for $75 million, with up to $278 million in additional contingent payments over five years.

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