Constellation Inches Closer to Wine & Spirits Portfolio Goals
Dear Client: Constellation Brands reported a net sales decline of 11% for its wine and spirits business for the second quarter ended August 31. Q2 net sales actually "outperformed our previously communicated expectations, primarily due to incremental shipments from the brands to be divested," cfo Garth Hankinson said on today's earnings call. PORTFOLIO PERFORMANCE. Overall, wine … Continue reading "Constellation Inches Closer to Wine & Spirits Portfolio Goals"