Constellation Brands - Statistics & Facts

Company overview

Despite the COVID-19 pandemic, Constellation Brands was able to grow its net sales in 2020 by three percent to 8.6 billion U.S. dollars. Nearly all of the company's sales were generated in the United States. Constellation Brands has increased its advertising spending every year for the last eight year, with 2020 reaching over 800 million U.S. dollars.

Segments

Beer brought in the lion’s share of the company’s net sales in 2020, followed by a significant share from wine. Spirits accounted for the smallest portion. Constellation Brands is one of the biggest wine producers in the world and through a 2013 acquisition of Grupo Modelo's state-side beer business became the largest beer importer in the United States. Aside from Modelo, Constellation Brands also markets Corona in the United States, among other beer brands. The company's beer sales have grown substantially since the acquisition. In 2020, sales increased a further eight percent to over six billion U.S. dollars. In contrast, sales of both wine and spirits declined in 2020.

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