Constellation Brands Named One of "World's Most Admired Companies" by FORTUNE Magazine
February 21 2017 - 4:00PM
VICTOR, N.Y., Feb. 21
2017 - Constellation Brands, Inc. (NYSE: STZ and STZ.B), a
leading beverage alcohol company, has been recognized by FORTUNE
magazine as one of the 2017 "World's Most Admired Companies."
"We work hard to deliver shareholder value, always
striving to deliver the best service and highest quality products,"
said President and CEO Rob Sands. "It takes more than financial
success to be an admired company. We understand the importance of
partnering in our employees' professional fulfillment and career
growth, giving back in the communities where we live and work, and
operating responsibly as a steward of future generations."
FORTUNE magazine surveys executives, directors and
analysts to rate companies with the strongest reputations within
their industry and across industries. Companies are measured on
nine criteria: innovation, people management, use of corporate
assets, social responsibility, quality of management, financial
soundness, long-term investment value, quality of
products/services, and global competitiveness.
In the beverages industry category, Constellation
was ranked #4 and scored highly in all nine criteria, most notably
in quality of products/services, innovation, and social
responsibility.
Constellation Brands has received several honors
and recognitions in the past year. The company was ranked #37 on
the 2016 FORTUNE list of "100 Fastest-Growing Companies", which
honors the top three-year performers in revenue, profits and stock
returns. Forbes ranked Constellation Brands
#92 on its 2016 "World's Most Innovative Companies" list based on
the potential to generate future profitable growth. Harvard Business Review recognized Constellation Brands
President and CEO, Rob Sands, as one of the top "100 World's
Best-Performing CEOs" in 2016 based on environmental, social and
corporate governance successes.
About Constellation
Brands
Constellation Brands (NYSE: STZ and STZ.B), a Fortune
500®
company, is a leading international producer and marketer of beer,
wine and spirits with operations in the U.S., Mexico, Canada, New
Zealand and Italy. Constellation is the No. 3 beer company in the
U.S. with high-end, iconic imported brands such as Corona Extra,
Corona Light, Modelo Especial, Modelo Negra and Pacifico. The
company's beer portfolio also includes Ballast Point, one of the
most awarded craft brewers in the U.S. In addition, Constellation
is the world's leader in premium wine, selling great brands that
people love, including Robert Mondavi, Clos du Bois, Kim Crawford,
Meiomi, Mark West, Franciscan Estate, Ruffino and The Prisoner. The
company's premium spirits brands include SVEDKA Vodka, Casa Noble
Tequila and High West Whiskey.
Based in Victor, N.Y., the company believes that
industry leadership involves a commitment to brand building, our
trade partners, the environment, our investors and to consumers
around the world who choose our products when celebrating big
moments or enjoying quiet ones. Founded in 1945, Constellation has
grown to become a significant player in the beverage alcohol
industry with more than 100 brands in its portfolio, about 40
facilities and approximately 8,000 talented employees. We express
our company vision: to elevate life with every
glass raised. To learn more, visit www.cbrands.com.
CONTACTS:
Media
Mike McGrew:
312-873-9317
Amy Martin: 585-678-7141
This
announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Constellation Brands Inc via Globenewswire
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