# Constellation Brands **Source:** https://geo.sig.ai/brands/constellation-brands **Vertical:** Consumer Goods **Subcategory:** Enterprise **Tier:** Leader **Website:** constellation-brands.com **Last Updated:** 2026-04-14 ## Summary Victor NY Mexican beer imports (NYSE: STZ) ~$9.8B FY2025 revenue; Modelo Especial #1 US beer brand since June 2023, Corona/Pacifico, wine portfolio review, competing with ABI and Molson Coors. ## Company Overview Constellation Brands, Inc. is a Victor, New York-based beer, wine, and spirits company — publicly traded on the New York Stock Exchange (NYSE: STZ) as an S&P 500 Consumer Staples component — producing and marketing the United States rights to Mexican beer brands including Modelo Especial, Corona Extra, Pacifico, and Modelo Negra (acquired from Anheuser-Busch InBev as a condition of ABI's 2013 Grupo Modelo acquisition), and a wine and spirits portfolio including Robert Mondavi, Kim Crawford, The Prisoner, Meiomi, and High West whiskey through approximately 10,000 employees. In fiscal year 2025 (ending February 2025), Constellation Brands reported revenues of approximately $9.8 billion, with the Beer Division (Modelo, Corona, Pacifico) generating approximately $8.4 billion (+4-5% organic growth) as Modelo Especial maintained its status as the #1-selling beer in the United States by dollar sales — a position Modelo captured from Bud Light in June 2023 following the Bud Light controversy and has held since. CEO Bill Newlands retired in 2024, with Garth Hankinson succeeding him, maintaining Constellation's strategy of investing behind the Modelo brand family's premium Hispanic-heritage positioning as the fastest-growing segment of US beer consumers (Hispanic adult beer drinkers choosing culturally authentic imported Mexican lagers over domestic brands). The Wine and Spirits segment faced significant headwinds from premiumization-to-value trading and market share pressure — Constellation announced a strategic review of the Wine and Spirits portfolio in 2024, exploring potential divestitures to focus capital exclusively on the Beer Division's high-margin, high-growth beer brands. Constellation Brands' Mexican beer portfolio model creates exceptional competitive advantages through the perpetual US rights to Modelo Especial, Corona Extra, and Pacifico — brands with deep cultural roots in Mexican heritage and crossover consumer appeal that no competitor can replicate without owning the exact same brands. The Modelo Especial brand story (traditional Mexican brewing, amber glass bottle, distinctive orange slice association) resonates with Hispanic consumers as a cultural authenticity marker while achieving mainstream crossover adoption among non-Hispanic beer drinkers seeking import premiumization — a combination that has driven decade-long compound annual volume growth above 10% even as the overall US beer market declined. Constellation's Napa Valley-adjacent wine estates (Robert Mondavi Winery in Oakville, The Prisoner Wine Company in Napa) provide authentic vineyard sourcing for premium wine brands sold at $20-75+ retail, competing in the premium wine tier where brand equity and winery heritage justify margin premiums over private label and value wine alternatives. In 2025, Constellation Brands competes in US beer imports and premium wine against Anheuser-Busch InBev (EBR: ABI, Michelob Ultra, Bud Light, Budweiser — recovering from Bud Light market share loss), Molson Coors (NYSE: TAP, Coors Light, Miller Lite, Blue Moon), and E&J Gallo Winery (private, California wine dominance) for US beer market share, premium wine shelf position, and Hispanic consumer brand loyalty. The Modelo Especial market leadership position creates a strategic defense challenge: as Modelo becomes the largest US beer brand, it becomes the primary target for competitive response from ABI (promotional investment in Budweiser and Michelob Ultra) and Molson Coors (Coors Banquet and import-style products) — requiring sustained brand investment to defend the #1 position. The Wine and Spirits portfolio strategic review — potentially divesting Robert Mondavi, The Prisoner, Kim Crawford, and spirits brands to a wine-focused acquirer — would simplify Constellation to a pure-play Mexican beer company generating 90%+ of revenue from three beer brands, enabling capital reallocation toward beer capacity expansion and share repurchases. The 2025 strategy focuses on Modelo brand family volume growth in underpenetrated US markets (Southeast, Midwest expansion), wine portfolio strategic decision (divestiture or restructuring), and beer production capacity expansion to serve continued demand growth. ## Frequently Asked Questions ### What is Constellation Brands? Constellation Brands is a leading international producer and marketer of beer, wine, and spirits with a portfolio of more than 27 brands. Headquartered in Rochester, New York, the company has operations in the U.S., Mexico, New Zealand, and Italy, with approximately $10 billion in annual revenue and over 10,000 employees worldwide. ### When was Constellation Brands founded? Constellation Brands was founded in 1945 by Marvin Sands in the Finger Lakes region of New York as Canandaigua Industries, starting with just $2,000 in capital. The company went public in 1973 and changed its name to Constellation Brands in 2000 to reflect its diversified portfolio across beer, wine, and spirits. ### Where is Constellation Brands based? Constellation Brands is headquartered in Rochester, New York. On June 24, 2024, the company relocated to a 170,000 square foot campus on the site of the historic Aqueduct Building in Downtown Rochester, becoming the first Fortune 500 company to operate in the city in two decades. ### What brands does Constellation Brands own? Constellation's portfolio includes Corona Extra, Modelo Especial, Pacifico, Victoria (beer); Robert Mondavi, Kim Crawford, Ruffino, The Prisoner, Sea Smoke, Lingua Franca (wine); and Casa Noble Tequila, High West Whiskey, Nelson's Green Brier Tennessee Whiskey, Mi CAMPO tequila (spirits). The company has more than 27 brands total. ### Who are Constellation Brands' main competitors? In beer, Constellation competes with Anheuser-Busch InBev, Molson Coors, and Heineken. In wine, competitors include E&J Gallo, The Wine Group, and Treasury Wine Estates. In spirits, the company competes with Diageo, Pernod Ricard, and Beam Suntory. Constellation has been the top 3 dollar share gainer in the total U.S. beer category for 11 consecutive years. ### What is Constellation Brands' financial performance? For fiscal year 2024 (ending February 29, 2024), Constellation Brands reported revenue of $10.21 billion, operating income of $3.36 billion, and a market capitalization of approximately $30 billion. The company is publicly traded on the NYSE under ticker symbol STZ and is a Fortune 500 company. ### Is Constellation Brands hiring? Yes, Constellation Brands employs over 10,600 people worldwide and offers career opportunities across beer operations, wine and spirits production, marketing, sales, supply chain, finance, IT, legal, and corporate functions. The company offers competitive benefits including employee discounts, flexible work arrangements, tuition reimbursement, and professional development programs. ### Who leads Constellation Brands? Bill Newlands serves as President and CEO (since March 2019). Other key executives include Garth Hankinson (CFO), Jim Sabia (President, Beer Division), Mallika Monteiro (Interim Chief Growth & Strategy Officer), Sam Glaetzer (President, Wine & Spirits Division), and James O. Bourdeau (Chief Legal Officer). ### How can I contact Constellation Brands? Constellation Brands can be contacted through their corporate website at cbrands.com. For investor relations, visit ir.cbrands.com. For career opportunities, visit cbrands.wd5.myworkdayjobs.com/CBI_External_Careers. The company's headquarters is located in Rochester, New York. ### What makes Constellation Brands different from competitors? Constellation owns exclusive perpetual U.S. rights to Corona and Modelo beer brands, providing a unique competitive advantage. The company has been the top 3 dollar share gainer in the U.S. beer category for 11 consecutive years. Additionally, Constellation focuses exclusively on premium and higher-margin brands aligned with consumer premiumization trends. ### What is the latest news about Constellation Brands? Recent developments include the 2024 repositioning of the wine and spirits business to focus on higher-growth premium brands, the June 2024 headquarters relocation to downtown Rochester, the May 2024 acquisition of Sea Smoke winery, and leadership changes including Mallika Monteiro becoming Interim Chief Growth & Strategy Officer in February 2025. ### What is Constellation Brands' approach to diversity and inclusion? Constellation is committed to building an inclusive culture rooted in mutual understanding, respect, and trust. The company hosts annual Global Diversity, Equity, and Inclusion Awards, has Business Resource Groups open to all employees, and CEO Bill Newlands participates in the CEO Action for Diversity & Inclusion initiative. The Inclusive Culture Team leads efforts to cultivate a workforce that reflects the consumers and communities served. ## Tags b2c, fortune500, manufacturing, north-america, public, retailtech --- *Data from geo.sig.ai Brand Intelligence Database. Updated 2026-04-14.*