{"id":181001,"date":"2025-04-11T02:31:02","date_gmt":"2025-04-11T02:31:02","guid":{"rendered":"https:\/\/peraltafinancing.com\/alcohol\/exclusive-news-and-research-on-the-wine-spirits-and-beer-business-75\/"},"modified":"2025-04-11T02:31:02","modified_gmt":"2025-04-11T02:31:02","slug":"exclusive-news-and-research-on-the-wine-spirits-and-beer-business-75","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=181001","title":{"rendered":"Exclusive news and research on the wine, spirits and beer business"},"content":{"rendered":"


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Constellation Posts Full-Year Sales Up 2% Despite \u201cSofter Consumer Demand\u201d<\/h2>\n

\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tApril 10, 2025<\/a><\/span><\/p>\n

Yesterday, SND reported<\/a> that Constellation is slimming down its wine and spirits unit with the divestiture to The Wine Group of brands totalling 12 million cases and including Woodbridge, Meiomi, Robert Mondavi Private Selection, Cook\u2019s, Simi, and J. Rog\u00e9t sparkling wine along with related California facilities. Constellation said the deal is expected to yield proceeds of about $900 million, subject to closing adjustments.<\/p>\n

Concurrently, Constellation reported sales up 2% to $10.2 billion for its fiscal year ended in February, as comparable operating income rose 7% to $3.5 billion. The growth came despite what chief executive Bill Newlands called \u201ca softer consumer demand backdrop\u201d over the course of the year.<\/p>\n

Constellation\u2019s beer business, accounting for more than 80% of sales, grew 5% to $8.5 billion in the fiscal year, but was flat in the fourth quarter, as depletions declined 1%, \u201clargely driven by decreases
in Modelo Especial, Corona Extra, and the Modelo Chelada brands of approximately 1%, 6%, and 3%, respectively.\u201d<\/p>\n

The company\u2019s organic wine and spirits sales dipped 6% to $1.7 billion for the year, mostly due to decreases in the mainstream portfolio, which is now being sold off to The Wine Group. Post-divestiture, Constellation\u2019s wine and spirits unit will number about 5 million cases, according to Impact Databank, tilted heavily toward the high end.<\/p>\n

It will include Napa Valley labels Robert Mondavi Winery, Schrader, Double Diamond, To Kalon Vineyard Company, Mount Veeder Winery, and The Prisoner Wine Company; the My Favorite Neighbor family of brands from Paso Robles; Kim Crawford from New Zealand; Tuscan producer Ruffino Estates and Ruffino Prosecco; Sea Smoke from Santa Barbara\u2019s Santa Rita Hills AVA; Lingua Franca from Oregon\u2019s Willamette Valley; and others. The Constellation spirits portfolio continues to include High West whiskey, Nelson\u2019s Green Brier whiskey, Mi Campo Tequila, Casa Noble Tequila, and others.<\/p>\n

For its new fiscal year, Constellation is expecting sales to range from a decline of 2% to a gain of 1%, with the beer division at 0%-3% growth and wine and spirits decreasing 17%-20%. The company also downgraded its medium-term outlook\u2014through fiscal 2028\u2014to project sales growth of 2%-4% from the previous 6% to 8%, reflecting the anticipated impact of tariffs amid global trade tensions.\u2014Daniel Marsteller<\/em><\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Brands To Be Acquired By The Wine Group<\/strong>
<\/strong>(thousands of 9-liter case depletions)<\/small><\/td>\n<\/tr>\n<\/thead>\n
Brand<\/th>\n2023<\/th>\n2024<\/th>\nPercent
Change1<\/sup><\/th>\n<\/tr>\n
Woodbridge by Robert
Mondavi<\/td>\n		7,088<\/td>\n6,479<\/td>\n-8.6%<\/td>\n<\/tr>\n
Cook\u2019s<\/td>\n1,946<\/td>\n1,763<\/td>\n-9.4%<\/td>\n<\/tr>\n
Meiomi<\/td>\n1,809<\/td>\n1,700<\/td>\n-6.0%<\/td>\n<\/tr>\n
Robert Mondavi
Private Selection<\/td>\n		1,788<\/td>\n1,400<\/td>\n-21.7%<\/td>\n<\/tr>\n
Simi<\/td>\n498<\/td>\n431<\/td>\n-13.5%<\/td>\n<\/tr>\n
J. Rog\u00e9t<\/td>\n541<\/td>\n362<\/td>\n-33.1%<\/td>\n<\/tr>\n
Subtotal<\/th>\n13,670<\/td>\n12,135<\/td>\n-11.2%<\/td>\n<\/tr>\n<\/tbody>\n
1 Based on unrounded data.
Source: IMPACT DATABANK \u00a9 2025<\/strong><\/small><\/td>\n<\/tr>\n<\/tfoot>\n<\/table>\n

Subscribe to Shanken News Daily\u2019s Email Newsletter, delivered to your inbox each morning.
\n<\/a><\/p>\n

Tagged : Constellation Brands<\/a>, Corona<\/a>, Meiomi<\/a>, Modelo<\/a>, Robert Mondavi Private Selection<\/a>, The Wine Group<\/a>, Woodbridge<\/a><\/span><\/p>\n

GET YOUR FIRST LOOK AT 2024 PROJECTIONS FOR THE WINE AND SPIRITS INDUSTRIES. ORDER YOUR 2024 IMPACT DATABANK REPORTS<\/span>. CLICK HERE.<\/a><\/p>\n<\/p><\/div>\n\n","protected":false},"excerpt":{"rendered":"

Constellation Posts Full-Year Sales Up 2% Despite \u201cSofter Consumer Demand\u201d April 10, 2025 Yesterday, SND reported that Constellation is slimming down its wine and spirits unit with the divestiture to The Wine Group of brands totalling 12 million cases and including Woodbridge, Meiomi, Robert Mondavi Private Selection, Cook\u2019s, Simi, and J. Rog\u00e9t sparkling wine along […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12029],"tags":[3171,907,1305,1820,10113,16238,9182],"dealstore":[],"offerexpiration":[],"class_list":["post-181001","post","type-post","status-publish","format-standard","hentry","category-alcohol","tag-beer","tag-business","tag-exclusive","tag-news","tag-research","tag-spirits","tag-wine"],"yoast_head":"\nExclusive news and research on the wine, spirits and beer business - Som2ny Network<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fivemor.com\/?p=181001\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Exclusive news and research on the wine, spirits and beer business - Som2ny Network\" \/>\n<meta property=\"og:description\" content=\"Constellation Posts Full-Year Sales Up 2% Despite \u201cSofter Consumer Demand\u201d April 10, 2025 Yesterday, SND reported that Constellation is slimming down its wine and spirits unit with the divestiture to The Wine Group of brands totalling 12 million cases and including Woodbridge, Meiomi, Robert Mondavi Private Selection, Cook\u2019s, Simi, and J. 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