Grokking Modelo’s Upside with Bill Newlands

Dear Client: The first query we had to ask on a call with Constellation chief Bill Newlands last week was about supply. We continue to hear distributors complain about considerable stock-outs. When can Constellation distributors expect that to get noticeably better?   “Jenn, obviously the biggest challenge we’ve had is around two things," he told BBD. First, "demand has been just terrific … as you know we had double-digit depletions [growth] in the first quarter; our net sales, bottom line ...