Sep 04, 2019 / 03:15PM GMT
Lauren Rae Lieberman - Barclays Bank PLC, Research Division - MD & Senior Research Analyst
We're going to get started. Next up, we have Constellation Brands. Beer has been a tough place to be for several years now, but Constellation's high-end, import-focused portfolio has been a sustained share winner. Depletion growth continues to pace in the high single digits, with the continued remarkable performance for both Modelo and Corona.
The landscape keeps getting tougher, but Constellation is proactively looking to extend its competitive advantages through innovation and targeted marketing, and of course, investments in cannabis and portfolio optimization for wine and spirits.
So we have CFO, David Klein, with us today for a fireside chat. I doubt I will run out of questions, so we'll probably save audience questions for the breakout if we even -- I don't think we'll have time anyway.
Questions and Answers:
Lauren Rae Lieberman - Barclays Bank PLC, Research Division - MD & Senior Research AnalystSo it's hardly news that there's