Owners of Constellation Brands (STZ) stock should toast Robert Sands the next time they take a sip of Corona.
Why? Because as Constellation's CEO since 2007, Sands has spearheaded impressive growth at the beer, wine and spirits company.
Corona would be appropriate, too, because last year Sands sealed a $4.75 billion deal to acquire full control of the Crown Imports beer joint venture and rights to produce Grupo Modelo brands in the U.S. In addition to Corona, these brands include Modelo Especial, Negra Modelo and Pacifico.
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Thanks in part to the acquisition, Constellation's revenue surged 71% last year to $4.8 billion.
Wall Street guzzled down Constellation shares in the wake of that landmark deal, sending them soaring 99% last year alone.
Constellation, which also makes Robert Mondavi wines and Svedka Vodka, has enjoyed a 268% rally over the past three years, making it one of the elite stocks in the S&P 500.