Tag Archive: Constellation Brands
Constellation To Sell Svedka Vodka Brand to Sazerac
Constellation Brands has agreed to sell its Svedka vodka brand to Sazerac in an effort to push its wine and spirits portfolio toward the higher end of the market and get the troubled wine and spirits division back on track. Continue reading →
Posted in News on December 3, 2024High West Leverages Innovation To Stand Out In Crowded Whiskey Category
High West, the Utah-based whiskey player that’s been part of the Constellation Brands portfolio since 2016, has been on a long-term growth run, with U.S. volume increasing from about 100,000 cases in 2018 to 170,000 cases last year. Continue reading →
Posted in News on October 14, 2024Constellation Names New Chief Growth Officer
Constellation Brands has appointed E. Yuri Hermida as executive vice president, chief growth and strategy officer. Continue reading →
Posted in News on October 9, 2024Constellation’s Sales Rise 3% Despite Continuing Challenges In Wine And Spirits
Constellation Brands has posted sales up 3% to $2.9 billion for its fiscal second quarter ended in August, propelled by a 6% increase for its beer unit, partially offset by continued challenges in its wine and spirits division. Continue reading →
Posted in News on October 3, 2024Constellation Brands Faces Up To $2.5 Billion Write-Down for Wine and Spirits Portfolio
Constellation Brands has revised its financial forecast for fiscal year 2025, citing considerable challenges faced by the company’s wine and spirits brands. Continue reading →
Posted in News on September 4, 2024Constellation’s Sales Near $10B Despite Wine & Spirits Decline
Constellation Brands reported net sales up 5% on a comparable basis to $9.96 billion for its fiscal year 2024, ended in February. Continue reading →
Posted in News on April 11, 2024
