Constellation Brands approaches sales parity in latest quarter – results data

Last updated: 12/03/2024 at 1:16 PM

By Olly Wehring

5 January 2024

1 Min Read

Constellation Brands has seen its rate of growth slow, with sales in the fiscal third quarter inching up by just 1%.

Three-month sales – to end of November – rise by 1% to US$2.47bn
For first nine months of fiscal 2024, top line up 5% at $7.82bn
Modelo Especial up double digits in Q3 volumes
Wine sales hampered by “near-term headwinds” impacting the overall category

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TAGGED:Constellation Brands

ByOlly Wehring

Olly has been reporting on the beverage industry as a B2B journalist since 2003. He spent 18 years at Just Drinks, 16 of which as managing editor. Since joining Global Drinks Intel in 2022, he's interviewed the CEOs for brand owners including AB InBev, Campari Group, Carlsberg, Heineken and Suntory Global Spirits and has a bulging contacts book from across beverage alcohol worldwide.