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Tag Archive: Corona

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

Constellation’s Beer Division Drives First Quarter Results As Wine and Spirits Sales Ease

Constellation Brands posted a 2% rise in net sales to just under $2.1 billion for the three months ended in May, and operating income for the first quarter was flat at $623 million. Continue reading →

Posted in News on June 28, 2019

News Briefs for April 30, 2019

•Wente Family Estates has been named the U.S. importer for Argentina’s Bodega Cuarto Dominio. Continue reading →

Posted in News on April 30, 2019

News Briefs for April 5, 2019

•Stoli Group is rolling out Stoli Lime, its latest flavor extension, across the U.S. Continue reading →

Posted in News on April 5, 2019

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

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