Crown Continues Momentum Revenue and Profits Plunge on Timing

January 6, 2012Crown Continues MomentumRevenue and Profits Plunge on TimingDear Client:Crown Imports was a bright spot in an overall downer for Constellation Brands according to their fiscal Q3 (Sept - Nov 2010). True, revenue for Crown decreased -12%, which was a result of lower volume due to the rebuild of wholesaler inventories after Crown experienced major supply shortages in the summer of 2010. Overall this was the largest volume year for Modelo brands and Constellation chief Rob Sands said, "We