Constellation Brands Inc at Barclays Global Consumer Staples Conference (Virtual) Transcript

Sep 09, 2020 / 03:20PM GMT
Lauren Rae Lieberman - Barclays Bank PLC, Research Division - MD & Senior Research Analyst

Great. So next up in our line of presentations, we have Constellation Brands. While nurturing a beer portfolio that is well aligned with modern-day consumer preferences, Constellation continues to look for ways to build on its competitive advantages through innovation and marketing and, of course, investments in cannabis and their portfolio optimization for wine and spirits. We're happy to have CFO, Garth Hankinson, with us today; and Investor Relations Officer, Patty Yahn-Urlaub, of course, without the video showing, joining me for Q&A session. So I'm going to jump right in through lots of interesting stuff to cover.

Questions and Answers:

Lauren Rae Lieberman - Barclays Bank PLC, Research Division - MD & Senior Research Analyst

So Garth, key topic for the past few weeks for Constellation, of course, has been beer supply and demand. So back in July, you had mentioned that selling day-adjusted beer depletions for the second quarter were running in line
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