Constellation Brands Inc raised its full-year adjusted profit forecast on Thursd...
FILE PHOTO: A bottle of Modelo Especial beer, one of Constellation Brands Inc products, is shown in this illustration photograph taken in Encinitas, California, U.S. June 27, 2016. REUTERS/Mike Blake/Illustration/File Photo
Shares of the company were, however, down nearly 4% in premarket trading, as it said it took a $839 million write down in the value of its investment in pot firm Canopy Growth during the quarter.
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