This is our first report on Constellation Brands, a dominant player in the international alcoholic beverage market, particularly the Mexican beer space. In the last quarter, the company’s business outperformed Wall Street expectations in terms of revenues as well as earnings as it delivered a strong set of operating results. Consumer demand for the products remained quite strong. The consumer-led premiumization trends continue in beverage alcohol benefitting the company. The buy rate increased i ....

24 Dec 2022
Constellation Brands, Inc.: Initiation of Coverage – Financial Forecasts, DCF & Comparables Valuation, ESG & Other Risks (12/22)

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Constellation Brands, Inc.: Initiation of Coverage – Financial Forecasts, DCF & Comparables Valuation, ESG & Other Risks (12/22)
- Published:
24 Dec 2022 -
Author:
Ishan Majumdar -
Pages:
27 -
This is our first report on Constellation Brands, a dominant player in the international alcoholic beverage market, particularly the Mexican beer space. In the last quarter, the company’s business outperformed Wall Street expectations in terms of revenues as well as earnings as it delivered a strong set of operating results. Consumer demand for the products remained quite strong. The consumer-led premiumization trends continue in beverage alcohol benefitting the company. The buy rate increased i ....