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Tag Archive: Corona

As Constellation’s Sales Rise 17%, Sands Family Proposes Relinquishing Majority Control

Constellation Brands posted sales up 17% to $2.36 billion in its fiscal first quarter ending in May, with operating income rising 10% to $793 million. Continue reading →

Posted in News on June 30, 2022

Constellation’s Sales Hit $8.8 Billion In Full Fiscal Year

Constellation Brands posted sales up 2% on a comparable basis to $8.8 billion in the company’s fiscal year ended in February, as operating income grew 2% organically to $2.9 billion. Continue reading →

Posted in News on April 7, 2022

Competition Heats Up In The Hard Seltzer Category

Boston Beer Company made headlines recently when it announced that it had overshot demand in hard seltzer in the second quarter. Continue reading →

Posted in News on August 12, 2021

News Briefs for April 30, 2021

•The National Alcohol Beverage Control Association (NABCA) has named J. Neal Insley as president and CEO, effective October 2. Continue reading →

Posted in News on April 30, 2021

Constellation Preps Innovations, Says Mexican Operations Are Ongoing

Constellation Brands revealed a number of innovations set to launch in the coming months during an earnings call on Friday, while also offering an update on the COVID-19 crisis and addressing questions over production at its Mexican brewing operations. Continue reading →

Posted in News on April 6, 2020

Constellation’s Full-Year Sales Top $8.3 Billion, But Outlook Uncertain Amid COVID-19 Crisis

Constellation Brands continued to show solid growth in its fiscal year through February, with net sales up 3% to $8.34 billion and operating income rising 4% to $2.7 billion, but the company says results for its current fiscal year are impossible to predict at the moment in light of the COVID-19 outbreak. Continue reading →

Posted in News on April 3, 2020

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