Constellation Won’t “Lead the Charge” On Pricing

Constellation Brands isn't planning on raising prices on its wines unless other wineries do so first. "'We're not going to lead the charge,'" said cfo Bob Ryder in an interview with Reuters' Martinne Geller. Recall that Constellation already paid the price (literally) after raising prices on Arbor Mist and Vendage, causing volumes to slow.

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