Constellation Brands Inc at Barclays Global Consumer Staples Conference Transcript

Jan 23, 2024

Sep 06, 2023 / 08:30PM GMT
Lauren Rae Lieberman - Barclays Bank PLC, Research Division - MD & Senior Research Analyst

Okay. We're going to get started on our last session of the day. Really happy to have Garth Hankinson, Constellation's CFO with us today. So thank you very much for being here. A lot happened since we were here last year. So I think (inaudible) the year.

Questions and Answers:

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

But I wanted to just start with the Elliott collaboration agreement that was announced in July. So our sense is this sort of a proactive step in terms of governance, capital allocation over the longer term rather than something that is intended to be a more active effort to come. So I was hoping you could talk a little bit about the nature of the relationship that's underpinning the agreement that you've come to with them and the types of discussions that you've had so far?

Garth Hankinson - Constellation Brands, Inc. - Executive VP & CFO

Yes. Well,

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