Daily Archive: April 6, 2023
Constellation’s Full-Year Sales Reach $9.45 Billion On 7% Growth
Constellation Brands has posted sales up 7% to $9.45 billion for its fiscal year ended in February, with operating income rising 3% to $3 billion on a comparable basis. Continue reading →
Posted in News on April 6, 2023Campari Invests $161 Million In New Wild Turkey Distillery
Campari Group is set to add a second distillery at its Wild Turkey campus in Lawrenceburg, Kentucky on an investment of $161 million. Continue reading →
Posted in News on April 6, 2023Vintage Wine Estates Flags Impairment Charge Of $130-$145 Million
California wine producer Vintage Wine Estates is set to take a non-cash impairment charge of $130-$145 million for its second quarter ended in December. Continue reading →
Posted in News on April 6, 2023Martignetti Makes Another Acquisition Play, Purchasing Quality Beverage
Martignetti Companies has announced a deal to acquire Massachusetts-based beer distributor Quality Beverage for an undisclosed sum. Continue reading →
Posted in News on April 6, 2023News Briefs for April 6, 2023
•Spanish wine group Raventós Codorníu has appointed RNDC as its exclusive distributor across 27 states and Washington, D.C., effective April 1. Continue reading →
Posted in News on April 6, 2023