CBA Q3: Q2, Continued

Dear Client:Total CBA depletion growth trends came in at +6% for Q3, up from +3% in Q2 [this via ops chief Andy Thomas' rolling 13 week numbers ended Sept. 20 for the quarter, given a shift in the number of selling days this year]. Total shipments increased 6% and depletions grew 5% YTD. The company has revised full-year depletions growth estimates to 6%-8%, down from 8%-10%.Q3 saw similar patterns as Q2, with gainers outpacing decliners better than 2:1. East Coast