Constellation Brands Reports Strong Quarter, Boosted by Beer Business
date:Jul 04, 2014
r business acquisition, partially offset by higher capital expenditures related primarily to the expansion of the brewery.

Our free cash flow generation and planned brewery investments are on track for the year. We continue to work diligently to finalize our plans for commodity sourcing and longer-term capacity expansion, said Bob Ryder, chief financial officer, Constellation Brands.

The company completed its acquisition of Grupo Modelo's U.S. beer business from Anheuser-Busch InBev on June 7,
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