Tag Archives: David Klein

CBrands Sales Rise 2% in Quarter as Profit Inches Upward

Constellation Brands reports sales rose 2% to$2.097 billion.  Net profit rose 1% to $646 million, or $2.21 a share.  Canopy Growth was a drag on the company’s performance, costing it 20 cents a share.

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CBrands Plans to Dump 40% of Wine & Spirits Portfolio

CFO David Klein told the Consumer Analysts Group of New York that “everything that is not a ‘power brand,’ you can assume we’re

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CBrands Net Soars 45% on 12% Sales Gain, Boosts Payout 30%

Constellation Brands this morning is reporting a 45% increase in net profit to $1.54 billion, or $7.52 a share, for all of fiscal 2017 as its sales rose 12% to $7.33 billion. It also announced a 30% increase in the … Continue reading

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