Lately, liquor company Constellation Brands (STZ +0.80%) has been reaching for the stars to try to expand its brand, specifically into the beer market. In its most recent earnings release, the company saw its share of misses, but as CEO Rob Sands notes, the acquisition of beer distributor Grupo Modelo's U.S. branch was definitely a bright spot.
In the video below, Motley Fool contributor Caroline Bennett analyzes Constellation's latest quarterly earnings call, and takes a closer look at just how much Constellation's foray into the beer industry is paying off. Is this company's peak behind it, or is it still worth a shot?
