Constellation Brands CEO expects to see ‘slower growth’ of hard seltzer category

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Constellation Brands CEO Bill Newlands told CNBC’s Jim Cramer on Wednesday he still sees growth opportunities for hard seltzer, while acknowledging the once-sizzling category has cooled off in recent months and may stay that way. In an interview on “Mad Money,” Newlands said that relative deceleration in hard seltzer sales played a big part in the company missing per-share…

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