Constellation’s Wine & Spirits up 2.2% in Q2

Constellation Brands' stellar growth over the last couple of years has primarily been driven by its acquisition of the Grupo Modelo beer business in 2013, while the wine business performance -- which represents 40% of sales and profit -- has been lackluster. After it delivered a 1% decline in fiscal 2015, Constellation vowed to reinvigorate the wine category.Today, the company provided an update on its progress in attaining said goal. Constellation chief Rob Sands did not share numbers for the