A New Constellation Emerges

Dear Client:In the past six months Constellation has streamlined its company by combining its wine and spirits sales and marketing teams and beefed up its presence with distributors by consolidating in 19 states. It also managed to cut out a large bulk of costs by selling its value spirits brands to Buffalo Trace Distillery, and closing some “underutilized” facilities in California and New York state. In its second quarter conference call today chief Rob Sands and cfo Bob Ryder seemed