Distributor Consolidation Underway for Constellation

Dear Client:Constellation continued to focus on streamlining its business in Q1 of fiscal 2010, or the three months ended May 31, while the company also experienced adverse effects from the economy and reduced inventory.In the spirit of simplification, Constellation undertook three main initiatives in recent months. One, the company “took steps over the past 18 months to shift the focus of our strategy to building must-have brands that return the greatest profits and that represent good value for consumers,” said