Constellation Brands (STZ) Stock Analysis & Winston Score

Constellation Brands makes and sells alcoholic beverages, mainly beer, wine, and spirits. Its biggest business is importing and selling Mexican beers in the United States, including Corona, Modelo, and Pacifico — brands it has the exclusive right to sell in the U.S. market. Modelo Especial is currently the top-selling beer in the United States by volume. The company earns money by selling its drinks to distributors, who then supply grocery stores, restaurants, and bars. Constellation operates almost entirely in the U.S., which makes it less exposed to foreign currency swings but also means its growth depends heavily on one market. Its exclusive U.S. license for the Mexican beer brands is a strong competitive advantage, but the company has been selling off parts of its wine and spirits portfolio to focus on higher-margin beer, and slowing consumer spending on alcohol is a real near-term risk to watch.