Constellation Brands - Statistics & Facts

Constellation Brands’ continues its growth driven by the company’s beer division. Other divisions and investments have not fared as well. The company’s wine segment suffered losses and the Canadian cannabis company, Canopy Growth, in which the Constellation Brands has invested billions, is suffering from the broader cannabis market downturn. Constellation Brands, headquartered in Victor, NY is one of the largest beverage companies in the world with notable brands such as Corona, Svedka Vodka, and Woodbridge.

Company overview

Constellation Brands was able to grow its net sales in 2022 by seven percent to 9.5 billion U.S. dollars. Nearly all of the company's sales were generated in the United States. Constellation Brands continues to grow not only in revenue but employment as well. In 2022, the company employed 10,700 people, it's most ever.

Segments

Beer brought in the lion’s share of the company’s net sales again in 2022, followed by a significant but shrinking 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 10.6 percent to over 7.4 billion U.S. dollars. In contrast, sales of wine declined and spirits saw marginal growth. At the same time, Canopy Growth, which Constellation Brands owns over a third of, saw it's net revenue decline by nearly five percent.
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Published by Jan Conway, Aug 31, 2023

Key insights

Net sales of Constellation Brands
9.5bn USD
Net income of Constellation Brands worldwide
-38.5m USD
Net sales of Constellation Brands outside of the U.S.
258.1m USD
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Editor’s Picks Current statistics on this topic

Net sales of Constellation Brands worldwide from 2011 to 2022 (in million U.S. dollars)

Alcoholic Beverages

Constellation Brands: net sales worldwide 2011-2022

Net sales of Constellation Brands worldwide from 2011 to 2022, by geographic region (in million U.S. dollars)

Alcoholic Beverages

Constellation Brands: net sales worldwide by region 2011-2022

Net sales of Constellation Brands worldwide from 2011 to 2022, by business segment (in million U.S. dollars)

Alcoholic Beverages

Constellation Brands: net sales worldwide by business segment 2011-2022

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