Victoria Helps Crown Beat Numbers

July 1, 2011Victoria Helps Crown Beat NumbersDear Client:Crown Imports' revenues were up 9% for the March to May quarter, reported Constellation yesterday, and their equity earnings were up 10% for the quarter on the back of the new Victoria rollout and increases in Corona and Modelo Especial shipments (recall that trade inventories are beefier this year to prevent last summer's out-of-stock situation). "Crown's marketplace momentum continued during the first quarter as it outperformed the industry and import category driven by