Invest In Corona Beer: Stock Purchase Guide

Corona beer is owned by AB InBev, the world's largest brewer. The company is based in Belgium, and its stock is traded primarily on the Euronext exchange, with secondary shares on the New York Stock Exchange (NYSE), as well as the Mexico and South Africa stock exchanges. To buy shares of Anheuser-Busch InBev, you will need a brokerage account. Some of the largest shareholders in Corona's parent company include the Van Damme, de Mevius, and de Spoelberch families, which own 28.6% of AB InBev, and Brazilian investment firm 3G Capital, which owns 22.7% of the company.

Corona beer is owned by Constellation Brands.

Constellation Brands is the company that owns Corona beer. Constellation Brands is the exclusive licensee and sole importer of Corona in the United States, Washington, D.C., and Guam. Constellation Brands distributes Corona in the US, while AB InBev, which owns Corona globally, is licensed to sell the beer in the rest of the world.

Constellation Brands is the number one high-end beer supplier in the US market. The company strives to maintain this status by importing powerful, iconic beer brands from its operating facilities in Mexico. Some of the brands in its portfolio include Corona Extra, Modelo Especial, Pacifico, and Victoria.

Constellation Brands is also a producer of hard seltzers under the Corona brand name. In 2020, the company launched a new Corona-branded hard seltzer at a cost of $40 million.

Constellation Brands is listed on the stock exchange under the ticker symbol $STZ.

Constellation Brands stock is traded on the NYSE.

Constellation Brands (NYSE: STZ) is the company that distributes Corona beer in the United States. Constellation Brands is listed on the New York Stock Exchange (NYSE) under the ticker symbol STZ. The company's stock is also included in the S&P 500 index.

Constellation Brands is a producer and distributor of alcoholic and non-alcoholic beverages, with Corona being one of its key brands. In addition to Corona, Constellation Brands' portfolio includes other imported beers such as Modelo Especial, Negra Modelo, and Pacífico, as well as wine and spirit brands.

As with any investment, it is important to conduct your own research and due diligence before purchasing shares of Constellation Brands or any other stock. This includes evaluating the company's financial performance, business strategy, competitive landscape, and industry trends. It is also essential to consider your own investment objectives, risk tolerance, and financial situation when making investment decisions.

If you decide to invest in Constellation Brands, you can purchase shares through a brokerage account. It is recommended to compare different brokerage platforms to find one that suits your needs in terms of fees, features, and services offered. Once you have opened a brokerage account, you can place a buy order for the number of shares you want to purchase or specify the amount you want to invest. You can also choose between placing a market order, which executes the trade immediately at the current market price, or a limit order, which allows you to specify the maximum price you are willing to pay.

Constellation Brands' international markets are a source of growth

Constellation Brands, the producer of Corona beer, has identified international markets as a key driver of growth. In 2002, the company signalled its expanded global focus by forming a new international arm, Constellation International, with the aim of doubling its overall sales in the next five years. This international arm was based in Bristol, England, where the company's UK brands and wholesale business, Mathew Clark, was headquartered. The company intended to leverage its presence in the UK to serve as a "springboard" to grow export sales and efficiently enter other export markets. This strategy aimed to reduce Constellation Brands' reliance on the US market, which has been a significant source of revenue but also a vulnerability due to economic fluctuations.

To lead this international expansion strategy, Constellation Brands appointed beverage alcohol industry veteran Tim Kelly as Chief Operating Officer of Constellation International. Kelly joined the company from Diageo plc, where he held senior roles such as president of Guinness/Bass Import Co., USA, and head of marketing for Guinness in Ireland. With his wealth of marketing and sales experience in the beverage alcohol industry, Kelly was expected to play a crucial role in driving Constellation Brands' global growth.

The company's strong brand portfolio, which includes Corona, Robert Mondavi, and Modelo Especial, among others, is a key strength that enhances its market position and consumer recognition. This diverse range of well-known brands allows Constellation Brands to cater to different segments of the market and provides a competitive edge as it expands globally. Additionally, the company's robust distribution network enables its products to reach a wide customer base, strengthening its competitive advantage and supporting its expansion into new markets.

In recent years, Constellation Brands has continued to focus on international markets as a source of growth. In 2023, the company grew its net sales by 5.4%, with nearly all of its net sales generated in the United States. However, the company has faced challenges with losses in its wine and spirits segments and setbacks with its investment in the Canadian cannabis company Canopy Growth. Despite these setbacks, the beer division, including Corona, has been a bright spot, with beer sales increasing by 9.34% in 2023.

Constellation Brands' stock price is affected by its association with Corona beer

Constellation Brands (NYSE: STZ) is the largest provider of alcoholic beverages in the US, with 80% of its revenue coming from Mexican beer imports, including Corona and Modelo. The company also produces wine and spirits, such as Mi Campo tequila and The Prisoner wine. While Constellation Brands is the distributor of Corona in the US, the beer brand is owned by AB InBev, a multinational conglomerate and the world's largest brewer.

Constellation Brands' stock price has been affected by various factors related to its association with Corona beer. One notable impact was during the COVID-19 pandemic when some consumers avoided the brand due to its similarity in name to the virus. This resulted in a decline in sales and stock price, although the company denied any significant impact on its business performance.

The company's stock has also been influenced by cost reduction strategies and strong financial performance. In November 2023, Constellation Brands announced plans to optimise its beer expansion efforts, reducing expenses by $1 billion. This increased confidence among investors and analysts, who predicted strong future growth and additional value for shareholders. As a result, the stock price received a "buy-equivalent" rating from Barclays, with a price target of $293 per share.

Constellation Brands' stock is also sensitive to external factors such as tariffs and trade policies. In November 2024, the company's stock fell 4% after President-elect Donald Trump announced a plan to impose a 25% tariff on Mexican imports. As Constellation imports all its beer from Mexico, including Corona, such tariffs would significantly increase its cost of goods sold, leading to a potential price increase for consumers.

Overall, Constellation Brands' association with Corona beer has had a mixed impact on its stock price. While the brand has contributed to the company's strong performance and growth, external factors and consumer sentiment can also influence the stock's performance.

Constellation Brands' other products include Modelo Especial, Negra Modelo, Pacifico, Robert Mondavi, and Svedka Vodka

Constellation Brands, the company that distributes Corona in the US, has a diverse portfolio of over 100 brands of beer, wine, and spirits. In addition to Corona, Constellation Brands distributes other popular beers such as Modelo Especial, Negra Modelo, and Pacífico in the US market. The company also has a strong presence in the wine industry, with well-known brands like Robert Mondavi, Kim Crawford, Meiomi, Simi Winery, Ruffino, and The Prisoner Wine Company. Additionally, Constellation Brands offers spirits such as Svedka Vodka, Casa Noble Tequila, High West Whiskey, and Nelson's Green Brier Tennessee Whiskey.

Constellation Brands' beer portfolio includes a mix of imported brands and American craft beers. The company's two breweries in Mexico produce Corona and Modelo for the US market, while it also has a third brewery in Veracruz, Mexico, and another brewery in Nava, Mexico, that it acquired from Grupo Modelo as part of an anti-trust settlement. This settlement allowed Constellation Brands to gain full ownership of Crown Imports LLC, giving them independent control over all aspects of the US commercial business for Corona and the Modelo brands.

In recent years, Constellation Brands has been focusing on reshaping its wine and spirits portfolio by shedding lower-priced labels and investing in premium brands. This strategy, known as "premiumization," aims to boost the company's earnings and create additional value for shareholders. As part of this strategy, Constellation Brands sold its Svedka vodka brand to Sazerac in 2024, a move that was well-received by analysts.

With its diverse brand portfolio, Constellation Brands has established itself as a leading beverage alcohol company and the largest beer import company in the US. The company's commitment to its brands, trade, land, investors, and consumers has contributed to its success and elevated its position in the highly competitive alcohol industry.

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