Dear Client: Constellation Beer reported results for its fiscal Q3 this morning (Sep-Nov), turning in 5.7% depletion growth and shipments up 2.7%. Net sales were up 8%. That's a slowing from the prior quarter trend. Recall, Constellation’s good Q2 had been largely in line with both the previous quarter, and the YA comparison, with beer depletions up 9%, while shipments grew 12.1%. Net sales posted 15% growth. That had caused STZ Beer to adjust its net sales growth projection slightly
You need a subscription to access this article.Login now or subscribe to get daily industry insights!
Log In
Forgot Password
Don’t have an account yet?
SUBSCRIBE