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Actionable news in STZ: CONSTELLATION BRANDS Inc,

Constellation Brands Rallies Following Q4 Results, FY17 Outlook

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Constellation Brands Inc NYSE:STZ - Constellation Brands Rallies Following Q4 Results, FY17 Outlook

Shares of Constellation Brands, Inc. STZ 5.14% hit a new 52-week high of $158.75 on Wednesday morning after the company reported its fourth-quarter results.

Constellation Brands said that it earned $1.19 per share in the fourth quarter on revenue of $1.543 billion.

Beer operating income rose 29 percent in the quarter due to organic volume growth, favorable pricing and lower cost of production sold. The...


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