Constellation Chief on Beer Playbook: “It’s Not Revolution, It’s Evolution”

Dear Client: A couple months back, after Nick Fink’s first earnings call as Constellation chief, we wondered whether he was bringing a new playbook to the company or simply refining the one already in place [see BBD 07-02-2026]. Well, speaking at the Barclays Global Consumer Staples Conference yesterday, Nick offered a succinct answer on that front: “It’s not revolution, it’s evolution.” And over the course of the conversation, Nick gave a clearer look at what that evolution entails. The way