Constellation Brands (NYSE: STZ) is a different business than it was just a decade ago. Its 2012 purchase of hit imported beer brands including Corona have helped it supercharge sales growth while adding over 10 percentage points to its bottom-line profitability. The alcoholic beverage giant has been nearly as busy transforming its portfolio in recent years, by cutting many wine brands while making increasingly bold investments into the recreational marijuana niche. Read More...
Where Will Constellation Brands Be in 5 Years?
Constellation Brands (NYSE: STZ) is a different business than it was just a decade ago. Its 2012 purchase of hit imported beer brands including Corona have helped it supercharge sales growth while adding over 10 percentage points to its bottom-line profitability. The alcoholic beverage giant has been nearly as busy transforming its portfolio in recent years, by cutting many wine brands while making increasingly bold investments into the recreational marijuana niche.
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