With a market cap of $43.5 billion, Victor, New York-based Constellation Brands, Inc. (STZ) is a leading producer and marketer of beer, wine, and spirits. The company's diverse portfolio includes renowned brands like Corona, Modelo Especial, Kim Crawford, Meiomi, and SVEDKA Vodka, catering to wholesale distributors, retailers, and on-premise outlets.
Shares of the wine, liquor, and beer company have underperformed the broader market over the past 52 weeks. STZ has risen marginally over this time frame, while the broader S&P 500 Index ($SPX) has gained 31%. In 2024, shares of STZ are slightly down, compared to SPX’s 25.2% increase on a YTD basis.
