Constellation Q2 profit tops

Investor's Business Daily

The maker of Svedka vodka and Clos du Bois wine said EPS fell 8% to 71 cents, but beat views by 14 cents. Sales dipped 1.6% to $698.5 mil, missing views. Constellation Brands (STZ) has been expanding its offerings through acquisitions and new products. It raised its full-year EPS outlook to $2-$2.10 from $1.93-$2.03. Shares rose 4.3%.

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