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Tag Archive: Modelo

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 March 15, 2019

•Mexican beer brand Modelo has launched its latest RTD offering, Modelo Chelada Limón y Sal. Continue reading →

Posted in News on March 15, 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

Burgeoning Beer Business Drives Constellation To 7% Growth Year-To-Date

Constellation has posted an organic sales increase of 7% to $5.77 billion for the nine months through November, marking the first three quarters of its fiscal year. Continue reading →

Posted in News on January 5, 2018

Constellation Brands Posts 10% Sales Growth In Third Quarter, Operating Income Rises 19%

Constellation Brands maintained its streak of double-digit growth in its fiscal third quarter ended November 30, 2016, although momentum slowed slightly as the company’s spirits and wine division couldn’t keep pace with its formidable first-half results.  Continue reading →

Posted in News on January 5, 2017

News Briefs for August 26, 2016

•Indiana beer and wine wholesaler Monarch Beverage has won a round in its ongoing battle to secure a spirits distribution license for affiliated company Spirited Sales LLC. Continue reading →

Posted in News on August 26, 2016

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