Victor, N.Y.-based Constellation Brands reported its results for the first quarter of its 2017 fiscal year.
“With sales and net income up double-digits, our first quarter results are setting the stage for fiscal 2017,” said Rob Sands, president and chief executive officer, in a statement. “We’re off to a great start due to our ability to effectively integrate and grow our recently acquired brands, increase margin across the portfolio and drive consumer demand through our best-in-class marketing and sales execution efforts for our core, higher margin premium brands. We also completed a significant expansion milestone at our Nava brewery, bringing out total current capacity to 20 million hectoliters.”