Constellation Beer Finishes Another Good Year Strong

Dear Client: Put a bow on it: Constellation Beer just reported Q4 and full year fiscal 2024 results, and it was more good news for the company’s beer business.  In fiscal ’24, “Our Beer Business continued its strong growth momentum as it achieved its 56th consecutive quarter of volume growth while maintaining best-in-class margins,” said Constellation chief Bill Newlands.  Full year beer depletions were up 7.5%, with shipments at +7.4%. Net sales were up 9%. The quarter (three months ended