CEO Bill Newlands said, "We delivered another solid year in Fiscal 23. Our Beer Business achieved its 13th consecutive year of volume growth while maintaining best-in-class margins. The momentum of our iconic and next wave beer brands continue to drive our industry-leading growth and share gains. We remain excited about the ongoing opportunities we see for these brands, as well as for our Beer Business innovations in Fiscal 24. Our Wine and Spirits Business won in its key areas of focus, outperforming the higher-end wine and spirits segments."
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on STZ:
- Constellation Brands Gains on Q4 Beat
- Constellation Brands Reports Fiscal Year and Fourth Quarter 2023 Financial Results and Fiscal Year 2024 Outlook
- Notable companies reporting before tomorrow’s open
- Beverage Stocks on the Rocks: 3 Names to Watch
- Constellation Brands one of few volume growth stories in category, says RBC