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Tag Archive: Corona

Constellation Posts 8.6% Sales Growth, But Forecasts Full-Year Decline For Wine And Spirits Unit

Constellation Brands has posted net sales of $6.3 billion for the nine months through November, up 8.6%, with operating income rising 10% to $1.95 billion. Continue reading →

Posted in News on January 9, 2019

Constellation Sales Up 6% To $2 Billion In Fiscal First Quarter, Despite Wine And Spirits Slowdown

Constellation Brands enjoyed a strong start to its fiscal year, reporting a 6% net sales rise to just over $2 billion in the three months through May. Continue reading →

Posted in News on June 29, 2018

News Briefs for March 16, 2018

•Riboli Family Wine Estates’ Italian brand Stella Rosa has launched a new trio of fruit-flavored wines. Continue reading →

Posted in News on March 16, 2018

News Briefs for January 9, 2017

•Starbucks is shaking up its approach to beverage alcohol, announcing plans to discontinue its “Evenings” program, under which it has been selling beer and wine at more than 400 stores in the U.S. Continue reading →

Posted in News on January 9, 2017

News Briefs for November 10, 2016

•Some of the drinks industry’s top companies have addressed their expectations for business conditions in the wake of the tumultuous U.S. presidential election. Continue reading →

Posted in News on November 10, 2016

“Better Beer” Cools Down In 2016, As Craft, Imports See Growth Slow In First Half

As the July 4th weekend kicks off, the beer business is facing an uphill climb. While the category’s mainstream brands continue to slide, the “better beer” segment has also cooled a bit in 2016. Continue reading →

Posted in News on July 1, 2016

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