Constellation Brands got a Q1 boost from inventory build, helping beer shipments rise despite no clear increase in consumer drinking. Michael A. Gayed says the seasonal build added a 30-basis-point fixed-cost benefit. Depletion data will be the real test.
published
Constellation Brands got a Q1 boost from inventory build, helping beer shipments rise despite no clear increase in consumer drinking. Michael A. Gayed says the seasonal build added a 30-basis-point fixed-cost benefit. Depletion data will be the real test.
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