Constellation Q2 Depletions Up 6.2%, Shipments Up 5.3%

Dear Client: Constellation’s second quarter (fiscal 2020) results just hit. Here’s what you need to know: Constellation's beer business reported depletions up 6.2% for the Q2 2020 quarter (up 7.5% adjusted for selling day impact). That's just a slight deceleration from Q1 beer depletions, which had been up 6.6%.  Shipments were up 5.3%, also just a notch below the Q1 result (up 5.4%). Net sales in the second quarter grew 7.4% on the beer side, in line with the previous