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Earnings roundup: Constellation, MSC Industrial



By AP
01 July 2008 @ 10:16 am EST

Among the earnings stories for Tuesday, July 1, from AP Financial News:

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STZ 21.18 -0.4
MSM 51.81 1.23

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FAIRPORT, N.Y. (AP)--Constellation Brands Inc. said Tuesday its fiscal first-quarter profit jumped 50 percent, lifted by price increases as well as strong sales of new higher-margin wine brands such as Clos du Bois and Wild Horse.

MELVILLE, N.Y. (AP)--MSC Industrial Direct Co.'s fiscal third-quarter earnings climbed 12 percent as revenue increased while costs only edged higher, the distributor of replacement parts to industrial customers said Tuesday.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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