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ID: 31929
Title: Constellation Brands profit tops view; shares rise (Reuters)
Description:

A wine from Valois Vineyards, owned by Constellation Brands, is seen in an undated publicity photo. Wine and spirits company Constellation Brands Inc. posted higher quarterly earnings on Thursday as a recent acquisition boosted wine sales in North America and New Zealand (PRNewsFoto/Reuters)Reuters - Constellation Brands Inc. posted a quarterly profit that topped estimates on Thursday, as a lower-than-expected tax rate offset a decline in operating margin due to higher material costs and pricing pressure in Britain's wine market.


Category: Business/Company Earnings/
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Date Added: April 05, 2007 02:30:23 PM
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