3Q24 Investor Update
CONSTELLATION BRANDS, INC. AND SUBSIDIARIES
SUPPLEMENTAL SHIPMENT AND DEPLETION INFORMATION
Beer
(branded product, 24-pack, 12-ounce case equivalents)
Shipments
Depletions (¹)
(2)
Three Months Ended
November 30, November 30,
2023
2022
(2)
101.1
(in millions)
(unaudited)
6.1
6.1
5.3
5.3
97.8
Percent
Change
3.4%
8.2%
Wine and Spirits
(branded product, 9-liter case equivalents)
Shipments
Organic shipments
U.S. Domestic shipments
U.S. Domestic organic shipments'
Depletions (¹) (2)
(¹) Depletions represent U.S. domestic distributor shipments of our respective branded products to retail customers,
based on third-party data.
Nine Months Ended
November 30, November 30, Percent
2023
2022
Change
6.9 (11.6%)
6.8 (10.3%)
6.0
(11.7%)
5.9
(10.2%)
(10.0%)
331.1
18.1
18.1
15.9
310.5
15.9
6.6%
7.2%
21.1
(14.2%)
20.5 (11.7%)
18.2 (12.6%)
17.8 (10.7%)
(8.1%)
(2) Includes adjustments to remove volumes associated with the Wine Divestiture for the periods September 1, 2022,
through October 5, 2022, and March 1, 2022, through October 5, 2022, included in the three months and nine months
ended November 30, 2022, respectively.View entire presentation