Why Constellation Remains Confident in High-End Growth

Dear Client: Constellation Brands cfo Garth Hankinson took the stage this afternoon at the 2023 Morgan Stanley Global Consumer and Retail Conference. Morgan Stanley analyst Dara Mohsenian kicked off the conversation with the fact that Constellation has "been through a period of very pronounced change" the last couple of years, particularly from a governance perspective. Indeed, Garth said that on that front "a big change" has been that the company now has a one-share structure. Then, too, they've added two board members,