PREDICTIONS FOR CONSTELLATION’S Q-1 EARNINGS

Merrill Lynch predicts that Constellation’s 1st quarter results ending May 31 – which they are scheduled to announce on June 29 – will result in 6% sales growth, driven by wine (5%), beer (10%) and spirits (3%). This quarter marks the first time in six quarters with no major impact from acquisitions, though Vincor will undoubtedly affect Q-2.Wine brand revenue is expected to rise at 4%, while Marrill Lynch predicts beer revenue to grow by 9.5%.