What’s in Store for Constellation Beer’s Quarter?

Dear Client: Constellation reports on their Q1 2016 period Wednesday. RBC is forecasting a solid quarter. Especially for beer: their research suggests that Constellation's beer division will "comfortably hit" 7% volume growth. The optimistic calculation defies the recent inclement weather that has impacted California and Texas, which account for 30% of Constellation's beer volume. RBC managing analyst, Nik Modi, said the company predicts there could be 100-200bps of "upside on volumes" with Corona cans making waves and the company devoting