BRIEF-Constellation Brands sees fiscal 2017 comparable EPS $6.05 - $6.35

miércoles 6 de abril de 2016 07:40 GYT
 

April 6 (Reuters) - Constellation Brands Inc :

* Constellation brands reports fiscal 2016 results and fiscal 2017 outlook

* Provides fiscal 2017 outlook; expects comparable basis EPS of $6.05 - $6.35 and reported basis EPS of $6.00 - $6.30

* Constellation brands says evaluates merits of an IPO for a portion of Canadian business

* Agrees to purchase prisoner wine company portfolio of super-luxury brands; transaction expected to be accretive for fiscal 2017

* Declares quarterly dividend of $0.40 per share class a and $0.36 per share class b common stock, a 29% increase

* Total capital expenditure estimate of $1.25 - $1.35 billion for 2017

* For fiscal 2017, beer business is targeting net sales and operating income growth in range of 14 - 17 percent

* Constellation brands says qtrly comparable net sales $1.5 billion versus. $1.35 billion last year   Continuación...