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Constellation Brands raises profit forecast for second time
date:Jan 11, 2013
to Thomson Reuters I/B/E/S.

The company, whose new labels include Simply Naked, Primal Roots and the Dreaming Tree, increased spending on marketing last year to boost sales in a weak economy.

Net sales of wine and spirits rose six percent on an organic basis during the third quarter due to higher volume sales and new products.

It has also taken major strides in the U.S. beer market by acquiring the remaining half of Crown Imports, Constellation's joint venture with Grupo Modelo SAB de CV.

Th

12/24 22:05