Constellation Brands Inc (NYSE:STZ)
$ 235.97 2.37 (1.01%) Market Cap: 42.84 Bil Enterprise Value: 54.94 Bil PE Ratio: 76.37 PB Ratio: 5.44 GF Score: 79/100

Constellation Brands Inc at Barclays Global Consumer Staples Conference Transcript

Sep 06, 2023 / 08:30PM GMT
Release Date Price: $258.81 (+0.51%)
Lauren Rae Lieberman
Barclays Bank PLC, Research Division - MD & Senior Research Analyst

Okay. We're going to get started on our last session of the day. Really happy to have Garth Hankinson, Constellation's CFO with us today. So thank you very much for being here. A lot happened since we were here last year. So I think (inaudible) the year.

Questions & Answers

Lauren Rae Lieberman
Barclays Bank PLC, Research Division - MD & Senior Research Analyst

But I wanted to just start with the Elliott collaboration agreement that was announced in July. So our sense is this sort of a proactive step in terms of governance, capital allocation over the longer term rather than something that is intended to be a more active effort to come. So I was hoping you could talk a little bit about the nature of the relationship that's underpinning the agreement that you've come to with them and the types of discussions that you've had so far?

Garth Hankinson
Constellation Brands, Inc. - Executive VP & CFO

Yes. Well,

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