B-F & Constellation Brass Talk Recent Headlines and Wider Biz Strategy

Dear Client: This week Barclays hosted the 18th annual Global Consumer Staples Conference. Brown-Forman and Constellation Brands brass took the stage, sharing the latest updates on strategic initiatives and strategy from B-F's new distribution network and portfolio plans to Constellation's improved wine performance amidst lower guidance. B-F PROVIDES STRATEGIC INITIATIVES UPDATES, PLUS PORTFOLIO INSIGHTS The big news for Brown-Forman in recent months has been on its revamped distribution network. During their Q1 earnings call last week, B-F chief Lawson Whiting