Full-Time
Produces and markets beer, wine, spirits
$82.4k - $123.6k/yr
Joliet, IL, USA + 3 more
More locations: Naperville, IL, USA | Orland Park, IL, USA | Aurora, IL, USA
In Person
Travel of 20–30% is required, including driving up to five hours and travel by plane or train as needed.
Bachelor's
See people who can refer or advise you
Constellation Brands produces and markets beer, wine, and spirits worldwide. It owns a portfolio of brands and sells them through a broad distribution network, including exclusive U.S. rights to Corona and Modelo. The company imports, markets, and sells its brands in markets such as the U.S., Mexico, New Zealand, and Italy, across beer, wine, and spirits, with a focus on sustainability and responsible operations. Its goal is to build enduring brands that connect with people, anticipate trends, and deliver value to consumers, shareholders, and employees.
Company Size
5,001-10,000
Company Stage
IPO
Headquarters
Rochester, New York
Founded
1945
See people who can refer or advise you
Help us improve and share your feedback! Did you find this helpful?
Health Insurance
Dental Insurance
Vision Insurance
Paid Vacation
401(k) Retirement Plan
Professional Development Budget
Constellation Brands stock has declined 28.2% from its 52-week high of $168.60, significantly underperforming the consumer defensive sector. The Rochester-based beer, wine, and spirits producer saw shares fall 12.3% year-to-date and 17.2% over the past year, whilst the State Street Consumer Staples Select Sector SPDR ETF gained 8.2% and 4.3% respectively over the same periods. The company, with a market capitalisation of approximately $20.6 billion, faces challenges despite recent positive earnings. First-quarter results on 30 June showed earnings per share of $3.43 beating expectations of $3.25, with net sales of $2.43 billion exceeding forecasts. However, organic revenue has disappointed over two years, with projected sales growth of just 1.1% over the next 12 months dampening investor sentiment.
Constellation Brands shares have fallen 53% from their peak to around $128, near a 52-week low of $126.45, as weaker consumer spending pressures sales. The stock now trades at roughly 11 times forward earnings. In fiscal 2026, organic sales dropped 10% year over year, driven by weakness in wine. However, recent results show stabilisation, with comparable organic sales up 3% last quarter. Beer represents over 90% of total sales. Despite the decline, Constellation's brands remain strong. Modelo Especial is the top US beer brand by dollar sales, and the company's beer portfolio gained the most market share last quarter. The company generates $1.83 billion in trailing free cash flow and recently raised its dividend to $1.03 per share quarterly, yielding 3.2% — the highest in company history.
Constellation Brands has appointed Alex Alvarez as senior vice president and chief supply chain officer for its beer division, effective 14 September. He replaces John Kester, who is retiring in November after 12 years with the company. Alvarez brings over 30 years of experience in operations and supply chain management. Most recently, he spent three years as chief supply chain officer at Suntory Global Spirits, overseeing 18 distilleries globally. Before that, he worked at Brown-Forman for 16 years in various leadership roles. In his new role, Alvarez will oversee manufacturing, procurement, planning, logistics and distribution for Constellation's beer brands, including Corona and Modelo.
Jim Cramer has shifted his stance on the alcoholic beverage sector, showing cautious optimism for Constellation Brands whilst remaining bearish on Diageo. He highlighted Constellation's new CEO, Ned Fink, as a potential catalyst for growth, noting Fink's successful track record at Jim Beam. Diageo faces multiple headwinds, including a 34.9% sales decline in China and an 8.4% drop in North American net sales. The stock has fallen 52% over five years. Constellation grew beer sales 2% to $2.28 billion in fiscal Q1, beating earnings expectations. However, beer depletion fell 0.3%, whilst wine and spirit sales dropped 10%. Hedge funds appear to favour Constellation, with 56 funds holding stakes versus 35 for Diageo. However, Diageo trades at a higher forward P/E ratio of 14.41 compared to Constellation's 11.36.
Constellation Brands shares have more than halved from spring 2024 highs despite solid fundamentals, Jim Cramer said on Mad Money. The stock trades below 11 times earnings and yields 3.1%. The company posted better-than-expected first-quarter results for fiscal 2027, with net sales of $2.43 billion and comparable earnings per share of $3.43, beating the $3.21 consensus. Its beer division generated $2.28 billion in sales, up 2% year-over-year, with a 39% operating margin. Management cited industry weakness and immigration policy impacts on its Hispanic customer base. Although executives noted World Cup tailwinds, they maintained full-year guidance of $11.20 to $11.90 per share rather than raising it, disappointing investors. Nicholas Fink took over as chief executive in April.