Constellation Brands Q2 Profit Tops Estimates; Beer Business Net Sales Up 15%

Constellation Brands, Inc. (STZ) said it delivered another quarter of strong business performance. Beer Business achieved double-digit net sales growth for the quarter, while Wine and Spirits net sales rose 1%. The solid top-line performance of its Beer and Wine and Spirits Businesses in the first half has given the company confidence to increase their net sales outlook for the full-year.

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