Dear Client:    Constellation Brands' wine and spirits net sales were down 7% for the first quarter ended May 31, as pending divestitures continue to weigh down the portfolio along with COVID-related factors.  W&S PERFORMANCE. The company's wine and spirits shipments (sales to distributors) were down nearly 13% for the quarter and depletions (sales to … Continue reading "Constellation Brass Talks M&A, COVID Impact, and Marketing Spend"