Constellation Brands reports first quarter fiscal 2015 results
date:Jul 04, 2014
year and brewery profits from the date of the beer business acquisition in June 2013.

Operating Income and Net Income Commentary

The increase in consolidated comparable basis operating income includes an incremental benefit of $288 million from the consolidation of results for Crown and the Mexican brewery as a result of the beer business acquisition. The increase in wine and spirits operating income primarily reflects favorable mix and lower SGA costs.

Equity in earnings of equity method inv
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