Beer Business Daily – beer industry news and numbers

Crown Posts Big Quarterly Gains

Dear Client: Constellation Brands reported in their fiscal Q3 (Sept-Oct-Nov) results that Crown Imports profits and sales increased dramatically. Equity earnings were up 27% and net sales were up 22%. Depletions were up mid single digits. Rob Sands said in a release: "During the third quarter, Crown was able to work with wholesalers to optimize inventory levels after experiencing supply chain challenges during the summer," said Sands. "New advertising programs for Corona Extra and Corona Light during the fall sports

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