Beer Business Daily – beer industry news and numbers

Trouble in Paradise?

Constellation Brands reported their fiscal fourth quarter, which included results for Crown Imports. Reading Constellation's financials is like using spaghetti to read tea leaves due to all the acquisitions they've made, so we turn to the pros. Deutsche Bank's Marc Greenberg writes that "Crown very weak" with implied dollar revenues down 16% in the quarter over last year. "Weakness was expected given last year's load-in, but magnitude is at issue here," says Marc. Having said all that, Constellation says it

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