Jun

Constellation Brands earns $75M profit in 1Q (AP)

In this June 27, 2011 photo, Constellation Brands Robert Mondavi wines are displayed at a liquor store in Palo Alto, Calif. The maker of Robert Mondavi wine and Svedka vodka said Thursday, June 30, its first-quarter profit jumped 52 percent to $75 million on improved wine and spirits sales in North America.(AP Photo/Paul Sakuma) AP - Constellation Brands Inc., which sells Robert Mondavi wine, Svedka vodka and Corona beer, said Thursday its first-quarter profit jumped 52 percent to $75 million on cost-cutting efforts and improved sales of wine, spirits and imported beers in North America.