Another Boringly Great Quarter from Constellation Beer, Shipments up 17%

Dear Client: Constellation Beer continues to outdo itself. The company -- which recorded a rather robust Q1 this time last year, having grown depletions and shipments by about 11% -- has cruised through those difficult comps in its latest Q1 results (three months ended May 31 2022) with depletion growth of nearly 9% and shipment growth of 17%. BRAND HIGHLIGHTS. Modelo Especial and Corona Extra continue to perform. Modelo depletions were up 15% in the quarter, while Corona managed to