Meet the Dow Stocks – Constellation Brands Inc Class A

Constellation Brands Inc Class A is a leading producer and marketer of beer, wine, and spirits in the United States and internationally. The company operates through three segments: Beer, Wine and Spirits, and Corporate Operations and Other. Its beer portfolio includes popular brands like Corona, Modelo, and Pacifico, while its wine and spirits portfolio includes Robert Mondavi, The Prisoner, and Svedka Vodka.

Corporate History

Constellation Brands was founded in 1945 as Canandaigua Industries Company, a bulk wine supplier. Over the years, the company expanded its product offerings and acquired several brands, including Robert Mondavi in 2004 and Ballast Point Brewing Company in 2015. In 2017, the company acquired a 9.9% stake in Canadian cannabis company Canopy Growth Corporation, marking its entry into the cannabis industry.

Business Operations

Constellation Brands’ Beer segment is the largest revenue generator, accounting for over 60% of the company’s net sales. The company’s beer portfolio is focused on high-end, premium brands, which have driven growth in recent years. The Wine and Spirits segment accounts for about 25% of net sales, and the company has been actively working to expand its portfolio in this segment through acquisitions and innovation. The company’s Corporate Operations and Other segment includes costs associated with corporate functions and other miscellaneous items.

  • Constellation Brands is the third-largest beer company in the United States
  • The company’s beer portfolio has grown by double digits for the past six years
  • Constellation Brands is the second-largest wine company in the world by volume
  • The company has a market capitalization of over $40 billion

Final Thoughts

Constellation Brands has a strong portfolio of premium beer, wine, and spirits brands that have driven growth in recent years. The company’s strategic acquisitions and innovation efforts have helped it expand its portfolio and enter new markets. With a market capitalization of over $40 billion, Constellation Brands is a major player in the beverage industry and is well-positioned for continued success.