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Barchart
Kritika Sarmah

Constellation Brands Stock: Is STZ Underperforming the Consumer Defensive Sector?

With a market cap of $30.6 billion, Constellation Brands, Inc. (STZ) produces, imports, markets, and sells beer, wine, and spirits in the United States, Canada, and internationally. Founded in 1945, the Rochester, New York-based company provides its products to wholesale distributors, retailers, on-premise locations, and state alcohol beverage control agencies.

Companies worth $10 billion or more are generally described as "large-cap stocks." STZ fits right into that category, with its market cap exceeding this threshold, reflecting its substantial size and influence in the Beverages - Brewers industry. STZ benefits from offering various world-famous beverage brands, including Corona Extra, Corona Familiar, Corona Hard Seltzer, Corona Light, Kim Crawford, Meiomi, Mount Veeder, Ruffino, SIMI, My Favorite Neighbor, and more.

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