Dear Client: Constellation Beer reported results for its fiscal Q3 this morning (Sep-Nov), turning in 5.7% depletion growth and shipments up 2.7%. Net sales were up 8%.  That's a slowing from the prior quarter trend. Recall, Constellation’s good Q2 had been largely in line with both the previous quarter, and the YA comparison, with beer … Continue reading "Constellation Sees Deceleration With 6% Depletion Growth in Q3"