CONSTELLATION BRANDS, INC.

Constellation Brands, Inc.

At a glance

• Headquartered in Rochester, New York. Incorporated in 1972 as the successor to a business founded in 1945.
• Mission: Build brands that people love because elevating human connections is Worth Reaching For.
• International producer and marketer of beer, wine, and spirits with operations in the United States, Mexico, New Zealand, and Italy.
• Public filings: information summarized from the FY2026 Form 10-K.

What the company does

• Produces and markets beer, wine, and spirits across multiple brands and portfolios, with a focus on consumer-led premiumization and omni-channel capabilities.
• Maintains ownership or licenses for a large portfolio of brands and operates through wholly owned entities, joint ventures, and other arrangements.
• Sells primarily through wholesale distributors and retailers, with some government-stored distribution in certain states. Beer is imported, marketed, and sold in all 50 U.S. states under an exclusive import/license arrangement.
• Expands brand distribution through organic growth, portfolio repositioning, and investments in production capacity, including modular capacity additions at breweries.

Segment structure and revenue (FY2026)

• Segments: Beer; Wine and Spirits; Corporate Operations and Other.
• Consolidated net sales: $9,139.0 million in FY2026 (FY2025: $10,208.7 million).
• Beer net sales: $8,315.2 million in FY2026.
• Wine and Spirits segment net sales (FY2026): Wine $700.4 million; Spirits $123.4 million; Total Wine and Spirits $823.8 million (FY2025 total: $1,668.9 million).

Brands and market position

• Beer brands: Modelo Especial, Corona Extra, Pacifico, Victoria, Corona Light, Corona Premier, plus related brand families and extensions such as Modelo Noche Especial, Modelo Chelada, Corona Sunbrew, Austin Cocktails, and HOPWTR.
• Wine and spirits brands: Kim Crawford, Ruffino, Mi CAMPO, The Prisoner Wine Company, Robert Mondavi Winery, Mount Veeder, Sea Smoke, Schrader Cellars, Nelson’s Green Brier, and High West.
• Portfolio repositioned toward higher-end wine and spirits with ongoing product innovations and limited-time offerings (for example, Modelo Noche Especial and Modelo Chelada Suprema).
• Strong U.S. beer market position with leading imported and premium brands.

Geographic footprint and production facilities

• Countries of operation: United States, Mexico, New Zealand, Italy.
• Beer production: Nava Brewery (Nava, Mexico); Obregon Brewery (Obregon, Mexico); Veracruz Brewery (Veracruz, Mexico) — initial production expected around mid-FY2027.
• Glass packaging: Glass Plant (Nava, Mexico) supplies the majority of annual glass bottles for beer brands; joint venture with Owens-Illinois (about 60% share of total annual glass supply).
• Wine production and vineyards: nine U.S. wineries (grape sourcing from Napa, Sonoma, Central Coast; Willamette Valley, Oregon); two wineries in New Zealand; six wineries in Italy, including Pontassieve Winery in Florence.
• Distribution and warehousing: key U.S. distribution centers and warehouses (examples: Lodi Distribution Center, Lodi, CA; Arlington, TX; Hutchins, TX; Jacksonville, FL; Jurupa Valley, CA).
• Vineyards: about 6,300 acres in New Zealand, 2,300 acres in the U.S., and 1,400 acres in Italy (as of February 28, 2026).
• Grapes and inputs: grapes sourced from roughly 120 independent U.S. growers and 25 growers in New Zealand and Italy.

Customers and distribution

• Primary customers are wholesale distributors and retailers; some jurisdictions use government agencies (state alcohol beverage control agencies) for distribution.
• Exclusive distribution arrangements: beer sub-license to use beer-related trademarks in the U.S. (perpetual); wine and spirits distributed through exclusive or specialized wholesale arrangements in certain regions.
• Broad brand and product reach across U.S. and international markets.

People and governance

• Employees: approximately 9,400 as of February 28, 2026 (including about 1,100 employees through the Owens-Illinois joint venture).
• Leadership and governance: executive officers and board oversight described in the Form 10-K, with emphasis on executive leadership transitions and succession planning.

Production and capacity notes

• Investments in modular brewery capacity to support future growth, including prior modular expansions at Nava and Obregon and the Veracruz brewery coming online in mid-FY2027.
• Glass Plant JV supplies a majority of beer glass needs; a single large supplier provides U.S. wine and spirits glass bottles.
• Ongoing supply management for packaging and raw materials such as glass, aluminum cans, and grapes.

Strategy and competitive context

• Operates in a competitive industry where brand strength, pricing, distribution, and innovation drive performance.
• Strategy focuses on organic growth, targeted acquisitions and investments, disciplined capital deployment, and ESG commitments, including water stewardship and sustainable packaging.
• Maintains enterprise-wide risk management across supply chain, regulatory environments, currency and interest rate exposure, and cybersecurity.

Summary

Constellation Brands is a multinational producer and marketer of beer, wine, and spirits with a U.S.-centered but globally diversified portfolio. The company maintains extensive production facilities and vineyards across the U.S., Mexico, New Zealand, and Italy. In FY2026 the company reported consolidated net sales of $9.139 billion and employed roughly 9,400 people.