Dear Client: Constellation Brands' net sales were up 1% for the third quarter ended November 30. Not surprisingly, the wine and spirits business weighed down results, with net sales down nearly 10% for the quarter. Shipment volumes were down 13.5% for wine and spirits and depletions were down nearly 6% - though that is an improvement over … Continue reading "Constellation Focusing On Premiumization, Innovation & Brand Building"
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