It's Wednesday, October 6th.

Welcome to Marketfoolery.

I'm Chris Hill with me today, Alicia Alfieri.

Thanks for being here.

So glad to be here, Chris.

We've got travel.

We're going to talk about which stocks in your portfolio you should be adding to, but

we are going to start with the business of alcohol.

It was a mixed second quarter report for constellation brands.

The seller of beer, wine, and spirits had profits that were solidly lower than expected.

Revenue was higher and they raised revenue guns for the full fiscal year.

Let's start here.

What stood out to you in this report?

Yeah.

Well, well, first, so revenue net sales grew 5% year over year to total 2.4 billion.

So, so pretty impressive here, interestingly enough, this growth is being driven by their

core beer brands, not sales or alternative beverage products like we've seen for other

alcoholic brands.

So let's talk about their beer because I think there are some interesting things in

here.

So, second quarter sales grew here 14% year over year and they've seen strong growth

for their core imported beer brands.

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