For the year ended on February 29, 2023, the global net income of Constellation Brands amounted to 1.8 billion U.S. dollars. The fiscal year for the company ends on the last day of February each year.
Constellation Brands
Constellation Brands is a leading alcoholic beverage company with its headquarters located in Victor, NY, United States. The company was founded in 1945 and markets beverages in approximately 100 countries today. Constellation Brands operates more than 40 facilities around the world and its broad product portfolio includes beer, wine and spirits. The U.S.-based firm employs about 9,600 people worldwide and reported to be the number one premium wine producer around the world, the number three U.S. beer company, the number one wine company in Canada and the number one producer of New Zealand wine.
Constellation Brands produces over 100 brands in its product range and is best known for key brands such as Svedka vodka, Arbor Mist, Corona Extra or Modelo Especial. Regarding the beer business, the company formed a joint venture with Grupo Modelo in 2007. The venture imports and markets Modelo's premium Mexican beer portfolio. In 2013, Constellation Brands completed the acquisition of Grupo Modelo’s beer business and now fully owns the exclusive brand license in the U.S. to import, market and sell the Corona and Modelo beer brands. On the beer market the company competes with Anheuser-Busch In Bev, MillerCoors and Heineken.
Net income of Constellation Brands from 2011 to 2023
(in million U.S. dollars)
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U.S. Securities and Exchange Commission. (April 23, 2024). Net income of Constellation Brands from 2011 to 2023 (in million U.S. dollars) [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/386724/net-income-of-constellation-brands-worldwide/
U.S. Securities and Exchange Commission. "Net income of Constellation Brands from 2011 to 2023 (in million U.S. dollars)." Chart. April 23, 2024. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/386724/net-income-of-constellation-brands-worldwide/
U.S. Securities and Exchange Commission. (2024). Net income of Constellation Brands from 2011 to 2023 (in million U.S. dollars). Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/386724/net-income-of-constellation-brands-worldwide/
U.S. Securities and Exchange Commission. "Net Income of Constellation Brands from 2011 to 2023 (in Million U.S. Dollars)." Statista, Statista Inc., 23 Apr 2024, https://www.statista.com/statistics/386724/net-income-of-constellation-brands-worldwide/
U.S. Securities and Exchange Commission, Net income of Constellation Brands from 2011 to 2023 (in million U.S. dollars) Statista, https://www.statista.com/statistics/386724/net-income-of-constellation-brands-worldwide/ (last visited November 22, 2024)
Net income of Constellation Brands from 2011 to 2023 (in million U.S. dollars) [Graph], U.S. Securities and Exchange Commission, April 23, 2024. [Online]. Available: https://www.statista.com/statistics/386724/net-income-of-constellation-brands-worldwide/