Constellation Brands

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How has Constellation Brands performed in YTD fiscal-2020? - results data

8 Jan 2020

An improved quarter for Constellation Brands' beer operations has failed to counter declining sales from the group's spirits and soon-to-be-pared back wine divisions.

Canada beer volumes decline in face of cannabis legalisation - figures

7 Jan 2020

Domestic beer volumes in Canada fell by 5% in the first full year of cannabis legalisation, new Beer Canada figures have revealed.

Constellation Brands Q3 fiscal-2020 - preview

6 Jan 2020

On Wednesday, Constellation Brands will announce its results for the third quarter of the group's fiscal-2020. The figures for the three months to the end of November will follow the 2.2% sales lift posted for the first six months of Constellation's year. Here's a look at the stories that will likely shape Constellation's performance in Q3.

The spirits category in 2019 - just-drinks' Review of the Year, Part V - FREE TO ACCESS

24 Dec 2019

As the year draws to a close, just-drinks takes a look back at the stories that have made the headlines across the global drinks industry over the last 12 months. Here, in the second of just-drinks' two-part review, editor Olly Wehring picks out the highs and lows for the spirits category in 2019.

The beer category in 2019 - just-drinks' Review of the Year, Part III - FREE TO ACCESS

17 Dec 2019

As the end of the year approaches, just-drinks takes a look at the stories that made the headlines in 2019 across the global drinks industry. In part III, deputy editor Andy Morton picks out the highs and the lows for the beer category.

The soft drinks category in 2019 - just-drinks' Review of the Year, Part II - FREE TO ACCESS

11 Dec 2019

As the year draws to a close, just-drinks takes a look back at the stories that have made the headlines across the global drinks industry over the last 12 months. Here, Lucy Britner picks out the highs and lows for the soft drinks category.

Constellation Brands CFO to head up Canopy Growth as cannabis beverages revealed

9 Dec 2019

Constellation Brands' CFO is to lead cannabis partner Canopy Growth, the companies said, as they unveiled their first THC and CBD beverage ranges.

The wine category in 2019 - just-drinks' Review of the Year, Part I - FREE TO ACCESS

5 Dec 2019

As the year draws to a close, just-drinks takes a look back at the stories that have made the headlines across the global drinks industry over the last 12 months. Here, Ben Cooper picks out the highs and lows for the wine category.

Treasury Wine Estates poaches Constellation Brands executive as Americas leadership appointment falls through

5 Dec 2019

Treasury Wine Estates has recruited a senior executive at Constellation Brands to head up its Americas operations, three months after having lined up an internal promotion to the role.

Constellation Brands calls time on Ballast Point with sale to Kings & Convicts

4 Dec 2019

Constellation Brands has offloaded Ballast Point, almost exactly four years after spending US$1bn on the San Diego-based craft brewer.

Constellation Brands cuts losses on US$1bn Ballast Point folly - Comment

4 Dec 2019

Ballast Point has fallen victim to the new broom of Constellation CEO Bill Newlands, who since his appointment in March has shown a determination to focus solely on the company's best-in-class brands.

Why US craft beer is still holding its value - Comment

26 Nov 2019

just-drinks' beer commentator has had another craft acquisition to digest this month. Stephen Beaumont takes a closer look at Anheuser-Busch InBev's decision to eventually move for Craft Brew Alliance. His conclusions may differ from yours.

Canopy Growth to ship cannabis beverages in coming weeks

26 Nov 2019

Constellation Brands' cannabis partner, Canopy Growth, has said it has commenced beverage production and expects to start shipping products across Canada "within weeks".

Constellation Brands adds Amy Martin to CSR division

22 Nov 2019

Constellation Brands has promoted internally for a role in its CSR team.

Montanya Distillers’ Valentia rum - Product Launch

21 Nov 2019

Colorado-based Montanya Distillers has launched a rum that celebrates the part played by women in the craft spirits industry.

E&J Gallo follows value-growth approach with Pahlmeyer Winery purchase - just-drinks comments

20 Nov 2019

E&J Gallo has filled the time waiting for the closure of its acquisition of a raft of brands from Constellation Brands with a high-end wine purchase in California.

Anheuser-Busch InBev deal good for shareholders - Craft Brew Alliance CEO

14 Nov 2019

The CEO of Craft Brew Alliance has expressed his satisfaction at the price Anheuser-Busch InBev will pay for his company's shares.

What does Anheuser-Busch InBev's Craft Brew Alliance buy mean for US beer? - Comment

12 Nov 2019

Everything comes to those who wait - especially if you have the deep pockets and corporate heft of Anheuser-Busch InBev.

Anheuser-Busch InBev kicks off Corona brewing in UK as global footprint expands

4 Nov 2019

Anheuser-Busch InBev is producing Corona beer in the UK as well as in China, as the brewer ramps up overseas production of a brand previously brewed only in Mexico.

Constellation Brands finalises Black Velvet sale to Heaven Hill Brands

4 Nov 2019

Constellation Brands has completed its US$266m sale of Black Velvet Canadian Whisky to Heaven Hill Brands.

Beer-brand hard seltzers won't beat "pure-play" products - Boston Beer Co's Jim Koch

1 Nov 2019

The Boston Beer Co founder Jim Koch has questioned hard seltzer launches under big beer brands such as Bud Light.

Anheuser-Busch InBev to use craft beer play book to dominate US hard seltzers - Carlos Brito

28 Oct 2019

CEO Carlos Brito has warned that Anheuser-Busch InBev is well-positioned to take control of the fast-growing US hard seltzer category in the same way it did with craft beer.

Anheuser-Busch InBev takes Corona production out of Mexico with China move - analyst

18 Oct 2019

Anheuser-Busch InBev is producing Corona in China, an analyst has revealed, marking the first time the beer has been produced outside of Mexico.

Legal cannabis price too high for many Canadians - Molson Coors partner

18 Oct 2019

Molson Coors' cannabis partner, Hexo, has warned that two-fifths of Canadians continue to buy the drug from the black market because of high prices in the legal cannabis sector.

Why Canada will shape the rules for cannabis beverages - Comment

16 Oct 2019

Tomorrow is a big day for the cannabis beverage industry. After years of deliberations that eventually led to the federal legalisation of cannabis, edibles - as the digestible variants of cannabis products are known – will go on sale across Canada. This means that the cannabis beverage products companies have been working on in the lead up to October 17 will finally go on the shelves of dispensaries and other legal cannabis outlets in Canada.

The Boston Beer Co Truly seltzer "more drinkable" after recipe revamp

15 Oct 2019

The Boston Beer Co has overhauled the flavour profile of its Truly hard seltzer to give the range a "crisper" taste.

Pernod Ricard Performance Trends 2015-2019 - results data

9 Oct 2019

In late-August, Pernod Ricard released its full-year results for fiscal-2019. The group saw its sales in the 12 months to the end of June rise by 6% in organic terms on the year prior. Here, just-drinks picks through Pernod's performance over the past five years for the trends set to affect the group, specifically, and the global spirits category, more broadly.

Constellation Brands "surprised" by hard seltzer, readies Corona entry - CEO

7 Oct 2019

The head of Constellation Brands has confirmed the launch of a Corona-branded hard seltzer, against a backdrop of the alcoholic sparkling water segment having caught the beer industry by surprise.

Constellation Brands appoints internally for new chief growth & strategy officer post

4 Oct 2019

Constellation Brands has added extra responsibilities to the chief growth officer role, with incumbent Mallika Monteiro promoted to chief growth & strategy officer.

How did Constellation Brands perform in H1 fiscal-2020? - results data

3 Oct 2019

Constellation Brands has seen its first-half deliver a low single-digit lift in sales, with the second quarter echoing the 2% increase in the first three months of the group's current fiscal-year.

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