Dear Client: The CEO/CFO commentary that accompanied Constellation Brands' Q2 FY27 earnings yesterday gives the fullest look yet at how new chief Nick Fink is organizing the business. It also folds the SpikedAde buy into a formal "diversify with discipline" pillar, and offers granular beer depletion color through August. But first, let's sum Constellation Beer's Q2 FY27 results again, especially as yesterday's news of Constellation's deal for the second-largest hard "ade" spirits RTD eclipsed other things. (Recall, as reported alongside
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