Constellation Brands will report its FY numbers tomorrow

Constellation Brands will report its FY numbers tomorrow

Constellation Brands will report its fourth-quarter and full-year results on Thursday (5 April). Here, just-drinks takes a look at the highs and lows for the company in the three months to the end of February.

  • Constellation started the year on the back foot, with CEO Rob Sands struggling for good news after share prices fell 3%. A disappointing third-quarter report, showing a net sales drop of 27%, spooked investors but Sands said he was confident sales would bounce back.
  • There was good news for Constellation's beer import JV in the US, in February, when partner Grupo Modelo said that Crown Import's performance in 2011 was its best for 30 years. Crown was one of only four major suppliers to post positive growth last year, according to Modelo.

For Constellation's Q3 results, click here. For the company's share price performance, click here.