Constellation Brands: EPS up 17% in Q1
In terms of activity, the alcoholic beverage group reported sales up 6% to $2.66 billion, with 8% growth in beer sales offsetting a 7% decline in wine and spirits sales.
Claiming a solid start to fiscal 2024-25, Constellation Brands confirms that it expects comparable EPS of $13.50 to $13.80 and free cash flow of $1.4 to $1.5 billion for the full year.
Copyright (c) 2024 CercleFinance.com. All rights reserved.
Go to the original article.
Contact us to request a correction