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Constellation Brands Reports Mixed Q2 Results; Lifts FY22 Comparable EPS Outlook

Constellation Brands Reports Mixed Q2 Results; Lifts FY22 Comparable EPS Outlook

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Constellation Brands Inc (NYSE: STZ) reported second-quarter FY22 sales growth of 5% year-on-year, to $2.37 billion, beating the analyst consensus of $2.30 billion. Beer net sales rose 14% Y/Y to $1.86 billion and posted depletion volume growth of over 7%, driven by the continued strength of Modelo Especial and Corona Extra.

...read full article on Benzinga

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