Constellation Beer Bounces Back

Dear Client:  The results for Constellation’s third quarter (the three months ended November 30, 2020) are in, and it looks like the company is back in its usual form after a tough 2020, which had affected their operations. Beer depletions for the company were up 12%, blowing past the depletions results seen last quarter (+4.7%).  Meanwhile, Constellation beer shipments were up a whopping 27% “as product inventories begin to rebuild from a COVID-related slowdown of Mexican beer production earlier this