Sales growth slows for Constellation Brands in Q3 – results data

Sales in fiscal third-quarter - to end of November - +5% to US2.44bn Beer sales rise 8% to $1.89bn, wine & spirits dip 1% to $544.6m Nine-month sales climb 11% to $7.45bn Constellation Brands has seen its sales growth rate decelerate markedly in the three months to the end of November, although the top line remains in double-digit territory for the financial year so far. The group, which posted a 14% jump in sales for the first half of fiscal 2023 in October, announced today that sales in its third quarter were up 5% on the corresponding period a year earlier. Subsequently, f