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This statistic highlights Constellation Brands’ Shipment Volume from Q1 2016 onwards, split between Beer, and Wine and Spirits segments, reported on a quarterly basis.
The table shows the Shipment Volume of the company in Q3 2021, Q2 2022, and Q3 2022-
Segment | Q3 2021 | Q2 2022 | Q3 2022 | Contribution in Q3 2022 |
Beer | $92 | $101 | $95 | 92% |
Wine and Spirits | $13 | $6 | $8 | 8% |
Total | $106 | $107 | $103 | 100% |
(All figures are in millions, except percentages)
The total shipment volume of the company can be seen fluctuating. But, the total shipment volume has decreased faintly from $106 million in Q3 2021 to $103 million in Q3 2022, marking a percentage decrease of 2% on a Year-on-Year basis. Similarly, the total shipment volume has decreased marginally from $107 million in Q2 2022 to $103 million in Q3 2022, marking a percentage decrease of 4% on a Quarter-on-Quarter basis.
Segment Wise Analysis
Beer
Corona Brand Family | Modelo Brand Family | Other Imported Brands | ||
Corona Extra | Corona Light | Modelo Especial | Pacifico | |
Corona Premier | Corona Refresca | Modelo Negra | Victoria | |
Corona Familiar | Corona Hard Seltzer | Modelo Chelada |
The total shipment volume of the company for the Beer segment can be seen fluctuating as well. Further in this segment, the total shipment volume has increased marginally from $92 million in Q3 2021 to $95 million in Q3 2022, marking a percentage increase of 3% on a Year-on-Year basis. Whereas, the shipment volume of this segment has decreased steadily from $101 million in Q2 2022 to $95 million in Q3 2022, marking a percentage decrease of 6% on a Quarter-on-Quarter basis. Also, this segment has contributed 92% of the total shipment volume in Q3 2022.
Wine and Spirits
The total shipment volume of the company for the Wine and Spirits segment can be seen fluctuating as well. In this segment, the total shipment volume has decreased faintly from $13 million in Q3 2021 to $8 million in Q3 2022, marking percentage decrease of 29% on a Year-on-Year basis. And, the shipment volume of this segment has increased marginally from $6 million in Q2 2022 to $8 million in Q3 2022, marking percentage decrease of 29% on a Quarter-on-Quarter basis. Also, this segment has contributed 8% of the total shipment volume in Q3 2022.
COVID Impact
In the key markets where they sell their products, the beverage alcohol industry has been classified as an essential business. COVID-19 containment measures affected them earlier in the fiscal year primarily because of
About The Company
Constellation Brands, Inc. is a Fortune 500 company. It is an American producer and marketer of beer, wine, and spirits. Constellation is the biggest beer import company in the US, measured by sales, and has the third-largest market share (7.4 percent) of all major beer suppliers. It also has stakes in recreational and medical cannabis. Based in Victor, New York, Constellation Brands has about 40 facilities and approximately 9,000 employees.
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