JOHANNESBURG, SOUTH AFRICA — (Marketwire) — 07/18/11 — offers investors comprehensive research on the Beverages – Wineries & Distillers industry and has completed analytical research on (NASDAQ: CEDC) and (NYSE: STZ). Register with us today at to have free access to these researches.
High unemployment and reduced consumer spending have created headwinds for wineries but do not appear to have impeded sales and growth. Sales, especially to the North American region, remain steady and seem capable of providing margin expansion opportunities in the coming months. Register now at to have free access to our reports on the Beverages – Wineries & Distillers industry.
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Constellation Brands Inc., the largest wine company in the world, saw a significant drop off in sales in its recently reported quarter compared to last year. Sales declined 19.3% to $635.3 million on a year over year basis. Much of the decline can be contributed to divestiture of its Australian and U.K operations though. Looking past the overall sales figures, there were several positives in the company-s most recent report that were reflective of industry trends. North American sales climbed 8%, making it an increasingly attractive and competitive market for wineries. research report is available for free by signing up now at .
Central European Distribution Corp. has benefitted from steady domestic demand, as well as strong demand out of Central and Eastern Europe. The company also announced this week that it successfully renewed and extended all 13 of its Russian production licenses, a move that certainly bodes well for its ability to maintain revenues in the region. research report is accessible for free by registering today at .
Overall, despite the recent news regarding debt issues in Europe and weak job reports in the US, wineries and distilleries are still turning in strong sales. Visit to see how companies in this industry have grown over the past years and how they are expected to perform in the future.
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