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Constellation Brands (STZ)

Constellation Brands mission is to build brands that people love because it believes sharing a toast, unwinding after a day, celebrating milestones, and helping people connect, are Worth Reaching For. It's worth its dedication, hard work, and the bold calculated risks it takes to deliver more for its consumers, trade partners, shareholders, and communities in which it lives and works. It's what has made us one of the fastest-growing large CPG companies in the U.S. at retail, and it drives its pursuit to deliver what's next. Today, it is a leading international producer and marketer of beer, wine, and spirits with operations in the U.S., Mexico, New Zealand, and Italy. Every day, people reach for its high-end, iconic imported beer brands such as Corona Extra, Corona Light, Corona Premier, Modelo Especial, Modelo Negra, and Pacifico, and its high-quality premium wine and spirits brands, including the Robert Mondavi brand family, Kim Crawford, Meiomi, The Prisoner brand family, SVEDKA Vodka, Casa Noble Tequila, and High West Whiskey. But it won't stop here. Its visionary leadership team and passionate employees from barrel room to boardroom are reaching for the next level, to explore the boundaries of the beverage alcohol industry and beyond.

Company profile

Ticker
STZ, STZ.B
Exchange
Website
CEO
William Newlands
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
CANANDAIGUA BRANDS INC, CANANDAIGUA WINE CO INC, CONSTELLATION BRANDS INC
SEC CIK
Subsidiaries
ALCOFI Inc. • Allberry, Inc. • BC Tenedora Inmobiliaria, S. de R.L. de C.V. • Bebidas Espirituosas Constellation Mexico • Canandaigua Limited • CB Blue Holdings LLC • CB Brand Strategies, LLC • CB Brand Strategies II, LLC • CB Brandy LLC • CB Cerveza Holdings ...
IRS number
160716709

STZ stock data

Calendar

30 Jun 22
20 Aug 22
28 Feb 23
Quarter (USD) May 22 Feb 22 Nov 21 Aug 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD) Feb 22 Feb 21 Feb 20 Feb 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Cash burn rate (est.) Burn method: Change in cash Burn method: Operating income Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 101.8M 101.8M 101.8M 101.8M 101.8M 101.8M
Cash burn (monthly) 32.53M 33.5M (no burn) (no burn) (no burn) (no burn)
Cash used (since last report) 86.3M 88.87M n/a n/a n/a n/a
Cash remaining 15.5M 12.93M n/a n/a n/a n/a
Runway (months of cash) 0.5 0.4 n/a n/a n/a n/a

Beta Read what these cash burn values mean

Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
18 Aug 22 Sabia James A. Jr. Class A Common Stock Sell Dispose S No No 250.8441 4,165 1.04M 47,236
18 Aug 22 Sabia James A. Jr. Class A Common Stock Conversion Acquire C No No 0 4,165 0 51,401
18 Aug 22 Sabia James A. Jr. Class 1 (convertible) Common Stock Class A Common Stock Conversion Dispose C No No 0 4,165 0 0
18 Aug 22 Sabia James A. Jr. Class 1 (convertible) Common Stock Class A Common Stock Option exercise Acquire M No No 79.61 4,165 331.58K 4,165
18 Aug 22 Sabia James A. Jr. NQSO Class 1 (convertible) Common Stock Option exercise Dispose M No No 79.61 4,165 331.58K 4,165
3 Aug 22 Mccarthy Daniel J Class A Common Stock Sell Dispose S No No 246.7911 1,682 415.1K 3,232
3 Aug 22 Mccarthy Daniel J Class A Common Stock Conversion Acquire C No No 0 1,172 0 4,914
3 Aug 22 Mccarthy Daniel J Class 1 (convertible) Common Stock Class A Common Stock Conversion Dispose C No No 0 1,172 0 0
3 Aug 22 Mccarthy Daniel J Class 1 (convertible) Common Stock Class A Common Stock Option exercise Acquire M No No 119.37 1,172 139.9K 1,172
3 Aug 22 Mccarthy Daniel J NQSO Class 1 (convertible) Common Stock Option exercise Dispose M No No 119.37 1,172 139.9K 0
45.3% owned by funds/institutions
13F holders Current Prev Q Change
Total holders 1147 1134 +1.1%
Opened positions 109 93 +17.2%
Closed positions 96 131 -26.7%
Increased positions 411 458 -10.3%
Reduced positions 430 393 +9.4%
13F shares Current Prev Q Change
Total value 29.55B 30.53B -3.2%
Total shares 133.92M 132.5M +1.1%
Total puts 2.44M 1.71M +43.2%
Total calls 1.41M 1.14M +23.7%
Total put/call ratio 1.7 1.5 +15.7%
Largest owners Shares Value Change
Vanguard 12.34M $2.88B -2.1%
BLK Blackrock 11.65M $2.71B -0.8%
Capital World Investors 7.1M $1.65B -22.8%
Sands Richard Et Al 7.08M $0 NEW
STT State Street 6.91M $1.61B -2.5%
Wellington Management 4.82M $1.12B -0.5%
JPM JPMorgan Chase & Co. 3.95M $921.3M -11.4%
Aristotle Capital Management 3.76M $875.46M +0.3%
FMR 3.49M $813.12M +54.0%
Alliancebernstein 3.2M $745.22M -0.4%
Largest transactions Shares Bought/sold Change
Sands Richard Et Al 7.08M +7.08M NEW
Harris Associates L P 148.85K -3.2M -95.6%
Capital World Investors 7.1M -2.1M -22.8%
FMR 3.49M +1.22M +54.0%
LGEN Legal & General 0 -1.04M EXIT
Parametric Portfolio Associates 0 -661.3K EXIT
MS Morgan Stanley 2.85M +642.33K +29.1%
JPM JPMorgan Chase & Co. 3.95M -508.59K -11.4%
Nuveen Asset Management 1.1M +469.34K +74.3%
HS Management Partners 0 -456.94K EXIT

Financial report summary

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Management Discussion
  • •Our results of operations were largely impacted by (i) a decrease in unrealized net loss from the changes in fair value of our investment in Canopy, (ii) an impairment of long-lived assets for First Quarter 2022 in connection with certain assets at the Mexicali Brewery, and (iii) improvements within the Beer segment driven by shipment volume growth.
  • •Net sales increased 17% due to an increase in Beer net sales driven primarily by shipment volume growth and favorable impact from pricing.
  • •Operating income increased largely due to (i) the impact of the First Quarter 2022 impairment of long-lived assets in connection with certain assets at the Mexicali Brewery and (ii) the improvements within the Beer segment.

Content analysis

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Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. sophomore Avg
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