With a market cap of $43.54 billion, Constellation Brands, Inc. (STZ) is a leading producer and marketer of beer, wine, and spirits, headquartered in Victor, New York. The company is renowned for its premium beverage portfolio, which includes iconic brands such as Corona, Modelo, and Robert Mondavi.
STZ has underperformed the broader market over the last year. The stock has declined 8.9% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 24.3%. In 2024, the stock has declined 1.6%, compared to SPX's 17.2% gains on a YTD basis.
