April 6 (Reuters) - Constellation Brands Inc (NYSE:STZ) STZ.N
reported a 13.8 percent rise in quarterly net sales as the
company benefited from strong demand for its premium Corona and
Modelo beer brands.
Net income attributable to the company rose to $243.4
million, or $1.19 per Class A share in the fourth quarter ended
Feb. 29, from $214.6 million, or $1.06 per share, a year
earlier.
Net sales rose to $1.54 billion from $1.36 billion a year
earlier.
The company also said it was evaluating an initial public
offering for part of its Canadian wine business.