NYSE:STZBeverage
Will Hop Wtr Deal And Margin Pressures Recast Constellation Brands’ (STZ) No‑Alcohol Growth Narrative
In recent days, Constellation Brands agreed to acquire full ownership of Hop Wtr, a US hop-infused sparkling water made with adaptogens, reinforcing its presence in the no- and low-alcohol segment that management sees as aligned with consumer moderation and wellness trends.
At the same time, analysts have highlighted pressure on Constellation’s core beer margins, with softer organic growth and lower returns on capital raising questions about how effectively the company can convert its...