With a market cap of $26.5 billion, Constellation Brands, Inc. (STZ) is a leading producer, importer, and marketer of beer, wine, and spirits, offering a broad portfolio of well-known brands across the United States, Canada, Mexico, New Zealand, and Italy. It distributes its products through wholesale distributors, retailers, on-premise locations, and state alcohol beverage control agencies.
Shares of the wine, liquor and beer company have underperformed the broader market over the past 52 weeks. STZ stock has declined 6.3% over this time frame, while the broader S&P 500 Index ($SPX) has gained 11.9%. However, the stock is up 10.7% on a YTD basis, outpacing SPX’s marginal decrease.
