Tag Archive: Constellation Brands
Constellation Lowers Sales Outlook On Softer Consumer Trends
Constellation Brands issued an update on its business this morning in which the company warned of macroeconomic headwinds and said it now expects sales in its beer business to decline by 2%-4% in its fiscal year through February, down from an earlier forecast of 0%-3% growth, driving a 4%-6% sales decrease across its total business. Continue reading →
Posted in News on September 2, 2025Wine Spectator: Robert Mondavi Winery Owner Prevails In To Kalon Name Battle
Following a five-year saga, the U.S. Board of Geographic Names (BGN) has repealed its own 2017 decision recognizing the name To Kalon Creek. Continue reading →
Posted in News on August 18, 2025News Briefs for August 6, 2025
•Suntory Global Spirits has added a new, cocktail-focused Bourbon to the Jim Beam brand. Continue reading →
Constellation’s Reshaped Wine & Spirits Portfolio Rises 2% In First Quarter
Constellation Brands saw overall sales decline 4% organically to $2.5 billion in its fiscal first quarter ended in May, weighed down by slowing beer sales and large divestitures on the wine and spirits side over the past year. Continue reading →
Posted in News on July 2, 2025Interview, Part 2: Constellation Wine & Spirits Chief Sam Glaetzer
In the second part of our interview, Sam Glaetzer, president of Constellation’s wine and spirits division, discusses market conditions, the on-premise scene, the direct-to-consumer segment, tariffs, and other challenges and opportunities ahead for the 5.5-million-case portfolio. Continue reading →
Posted in News on June 25, 2025Interview: Sam Glaetzer, President Of Constellation’s Wine & Spirits Division
Constellation Brands has been on a long-term drive to reshape its wine and spirits portfolio with a focus on upscale labels that can capitalize on current consumer trends. Continue reading →