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Constellation Brands net income falls but sales beat estimate

Constellation Brands net income falls but sales beat estimate

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Constellation Brands STZ, -0.49% on Thursday said its third-quarter net income fell to $470.8 million, or $2.48 per Class A common share from $1.28 billion, or $6.68 a share in the year-ago period. Adjusted earnings were $3.12 a share.

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