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R&D Investments, Acquisitions, and Leadership Changes Open Opportunities for Growth - Research Report on Constellation Brands,



 R&D Investments, Acquisitions, and Leadership Changes Open Opportunities for
 Growth - Research Report on Constellation Brands, BRF, Campbell, McCormick,
                               and Molson Coors

PR Newswire

NEW YORK, July 10, 2013

NEW YORK, July 10, 2013 /PRNewswire/ --

Editor Note: For more information about this release, please scroll to bottom.

Today, Wall Street Reports announced new research reports highlighting
Constellation Brands, Inc. (NYSE: STZ), BRF SA (ADR) (NYSE: BRFS), Campbell
Soup Company (NYSE: CPB), McCormick & Company, Inc. (NYSE: MKC) and Molson
Coors Brewing Company (NYSE: TAP). Today's readers may access these reports
free of charge - including full price targets, industry analysis and analyst
ratings - via the links below.

Constellation Brands, Inc. Research Report

On July 2, 2013, Constellation Brands, Inc. (Constellation Brands) reported
its results for Q1 FY 2014 (period ended May 31, 2013). Net sales increased 6%
YoY to $673.4 million. Net income declined 27% YoY to $52.9 million.
Commenting on the results, Rob Sands, President and Chief Executive Officer of
Constellation Brands, said, "The recent closing of our transformational beer
acquisition has been a rewarding way to kick off fiscal 2014. This deal
positions Constellation within the top ranks of the U.S. beer industry and
significantly increases the size and scope of our company." He added, "We
experienced positive top line results for our U.S. wine and spirits business
in the first quarter driven primarily by our Focus Brands including
double-digit depletion trends for Rex Goliath, Kim Crawford, Nobilo, SIMI and
Black Bo." For full-year FY 2014, Constellation Brands expects diluted EPS to
be in the range of $2.32 to $2.62 on a reported basis, and $2.60 to $2.90 on a
comparable basis. The Full Research Report on Constellation Brands, Inc. -
including full detailed breakdown, analyst ratings and price targets - is
available to download free of charge at:
[http://www.wsreports.com/r/full_research_report/da06_STZ]

--

BRF SA (ADR) Research Report

On June 20, 2013, BRF SA (ADR) (BRF) unveiled the new BRF Innovation Center in
Jundiaí (SP). BRF stated that the research center, which is worth R$ 58
million, is equipped with modern laboratories, experimental kitchens, and
mini-plants for pilot production runs. BRF further explained that the project
is part of its objective of doubling investments in research, development, and
innovation by 2015. The research center is divided into four areas: breeding
and research, application, experimental kitchens, and sensorial analysis
laboratories. Further, BRF stated that the new structure will have facilities
for conducting tests in the form of specific mini-production lines for
evaluation purposes. Nilvo Mittanck, BRF's Vice President for Operations and
Technology, said, "We now no longer need to depend on production units for
undertaking tests. We shall be able to simulate large-scale production,
project costs and test the parameters of processes and quality of the new
products." The Full Research Report on BRF SA (ADR) - including full detailed
breakdown, analyst ratings and price targets - is available to download free
of charge at: [http://www.wsreports.com/r/full_research_report/fec3_BRFS]

--

Campbell Soup Company Research Report

On July 1, 2013, Campbell Soup Company (Campbell) appointed Carlos Barroso as
its Senior Vice President, Global Research & Development (R&D), effective July
31, 2013. Barroso will report to Campbell's President and Chief Executive
Officer Denise Morrison, who said, "Research & Development is an essential
ingredient in our recipe for delivering the meaningful, consumer-focused
innovation needed to change our company's growth trajectory. Carlos brings
extensive R&D food and consumer packaged goods expertise to Campbell at a very
important time. His knowledge of emerging markets and open innovation, coupled
with his experience in baked snacks and flavor science, makes him an excellent
fit for our organization." The Full Research Report on Campbell Soup Company -
including full detailed breakdown, analyst ratings and price targets - is
available to download free of charge at:
[http://www.wsreports.com/r/full_research_report/159d_CPB]

--

McCormick & Company, Inc. Research Report

On June 27, 2013, McCormick & Company, Inc. (McCormick) reported its financial
results for Q2 FY 2013 (period ended May 31, 2013). Net sales grew 2% YoY to
$1.0 billion. Net income was $78.6 million or $0.59 per diluted share,
compared to $80.4 or $0.60 per diluted share in Q2 FY 2012. According to the
Company, EPS of $0.59 included $0.02 of transaction costs associated with the
completion of the WAPC acquisition. Commenting on the results, Alan D. Wilson,
Chairman, President and Chief Executive Officer, said, "In the second quarter
of 2013, we grew sales for our consumer business 5% in local currency, led by
product innovation, brand marketing support and distribution gains. We are
getting good returns on our investments to grow this business and we plan to
increase our investment in marketing support approximately $15 million in the
second half of the year. Our industrial business grew sales to food
manufacturers and food service distributors in the second quarter. While we
had lower demand from quick service restaurants in North America and China, we
expect this situation to improve in the fourth quarter based on our new
product pipeline and latest outlook."The Full Research Report on McCormick &
Company, Inc. - including full detailed breakdown, analyst ratings and price
targets - is available to download free of charge at:
[http://www.wsreports.com/r/full_research_report/3bdf_MKC]

--

Molson Coors Brewing Company Research Report

On July 3, 2013, Molson Coors Brewing Company (Molson Coors) announced that
Vicky Cookson will join the Company as Chief People Officer for Molson Coors
Europe, effective September 1, 2013. According to Molson Coors, Cookson, who
is the former human resources director of Vodafone, brings a rich human
resources background and years of international and cross cultural experience
to her new role at Molson Coors Europe, which has over 6,000 employees and
operations in the UK, Ireland, Czech Republic, Hungary, Bulgaria, Romania,
Croatia, Serbia, Montenegro, Bosnia-Herzegovina and Slovakia. The Full
Research Report on Molson Coors Brewing Company - including full detailed
breakdown, analyst ratings and price targets - is available to download free
of charge at: [http://www.wsreports.com/r/full_research_report/c06c_TAP]

----

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SOURCE Wall Street Reports

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