Alcohol maker Constellation Brands said lower sales of its struggling wine and spirits business continued to hit its results in its fiscal third quarter, as it cut its outlook for the year.

Deirdre Mahlan is set to step down as president and CEO of The Duckhorn Portfolio and transition leadership to a former ...

Most recently, Mr. Hanson served as the head of Constellation Brands’ Wine and Spirits ... in 1976 and is a leading pure-play luxury wine producer in the United States with a curated portfolio ...

STZ's 3Q25 results were mixed, with beer segment growth slowing and the Wine & Spirits segment continuing to underperform, ...

Constellation Brands has been facing challenges in its wine & spirits segment, primarily due to tough market conditions across most price ranges. The company has also been dealing with increased ...

Constellation Brands has been seeing soft demand in its wine and spirits segment, and the alcohol producer recently said it will weigh on its second-quarter results. Beer sales in bars and ...

Former Constellation Brands executive Robert Hanson will take the reins from Deirdre Mahlan effective Feb. 1, 2025.

With a market cap of $40.4 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 ...