Constellation Depletions up 14%; Rob Talks FMBS, Catman and More on Call

Dear Client:Constellation Beer did even better in this Q2 fiscal '17 quarter just reported.Beer shipments for the quarter are up 15.5% (13% organic); depletions are up almost 14%. That's better than the six month to Aug. 31 trends of 15% (12.6% organic) shipments growth and 12% depletions growth trends.Net sales for beer in the quarter were up 20%, slightly better than last quarter. About 15% of the quarter's growth was organic net sales driven "primarily by volume growth and favorable