SUGAR LAND, TX--(MARKET WIRE)--Jan 8, 2009 -- Researched by Industrial Info Resources (Sugar Land, Texas) -- Constellation Brands Incorporated (NYSE:STZ - News) (Fairport, New York), a leading international producer of alcoholic beverages, has announced that it is lowering its forecast for the year after posting a third-quarter 2009 net income of $83.5 million, down 30.2% compared with $119.6 million in the same period last year. Sales for the quarter totaled $1.03 billion, down 5.8% compared with last year.

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