Constellation Brands bullish on beer despite sales fall – results data

Last updated: 10/04/2023 at 12:00 AM

10 April 2023

1 Min Read

A continued deceleration of sales has pulled Constellation Brands below the double-digit growth level for its financial year to the end of February.

Final quarter – to end of February – sees sales decline 5% to US$2bn
Nine-month sales lift of 11% sees top line for fiscal 2023 close up 7% at $9.45bn

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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.