Winebusiness.com - Homepage for the Wine Industry

Constellation Brands loss narrows as sales squeak past estimates

June 30, 2021

Constellation Brands Inc. STZ, 2.53% said Wednesday it had a net loss of $908.1 million, or $4.74 a share, in its fiscal first quarter to May31, narrower than the loss of $177.9 million, or 94 cents a share, posted in the year-earlier period