Constellation to Cut 15% of Lower Margin, Value SKUs

Constellation Brands ended fiscal 2017 on a high note with wine and spirits net sales up 6%. Just looking at the spirits portfolio, net sales were up even more at 9% for the year, driven by High West, Paul Masson and Svedka, per the company's earnings call this morning.NEW BRANDS' DEPLETIONS UP DOUBLE DIGITS. Constellation's focus brands collectively grew depletions (sales to retailers) by 9% for fiscal 2017. Newly acquired brands Prisoner, Charles Smith and High West grew depletions by