UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT


     Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

        Date of Report (Date of earliest event reported): January 2, 2002
                                                          ---------------

                           CONSTELLATION BRANDS, INC.
                          ----------------------------
                           (Exact name of registrant
                          as specified in its charter)


    Delaware                       001-08495                     16-0716709
----------------            ------------------------        --------------------
(State or other             (Commission File Number)        (IRS Employer
 jurisdiction of                                             Identification No.)
 incorporation)



              300 WillowBrook Office Park, Fairport, New York 14450
              -----------------------------------------------------
              (Address of principal executive offices)   (Zip Code)


        Registrant's telephone number, including area code (585) 218-2169
                                                           --------------


          -------------------------------------------------------------
          (Former name or former address, if changed since last report)



ITEM 5.  OTHER EVENTS AND REGULATION FD DISCLOSURE.
-------

Constellation  Brands,  Inc.  released the following  information  on January 2,
2002, regarding its third quarter 2002 results:

           CONSTELLATION REPORTS 19 PERCENT EARNINGS PER SHARE GROWTH
                15TH CONSECUTIVE DOUBLE-DIGIT QUARTERLY INCREASE

FAIRPORT,  NEW YORK, JANUARY 2, 2002 - Constellation Brands, Inc. (NYSE: STZ and
STZ.B) today reported  diluted earnings per share of $1.11 for the quarter ended
November 30, 2001,  an increase of 19 percent over earnings per diluted share of
$0.93 for the prior year third quarter.

     Richard Sands, Chairman and Chief Executive Officer of Constellation, said,
"Constellation's earnings growth underscores the strength of our balanced growth
strategy,  particularly  in an uncertain  economic  environment.  We achieved 10
percent organic sales growth this quarter,  well ahead of our targets,  and with
acquisitions our net income increased 42 percent."

     Sands  continued,   "Highlights  of  the  quarter   included:   42  percent
improvement in sales of Ravenswood  wine over the prior year period;  11 percent
sales  growth in our imported  beer  business  led by Corona  Extra;  tremendous
success in our U.K. wine business  driven by the most popular brand in the U.K.,
Stowells of Chelsea; and 31 percent growth in our U.K. wholesale business."

     "The  beverage  alcohol   industry  and,  in  particular,   Constellation's
portfolio of brands, are well positioned to weather an uncertain economy. We are
on track to deliver  better  than 15 percent  earnings  per share  growth in the
fourth  quarter and expect to continue our earnings  growth into fiscal 2003 and
beyond," Sands concluded.




CONSOLIDATED RESULTS
     Net sales  reached  $764  million for the quarter  ended  November 30, 2001
("Third  Quarter 2002"),  a 21 percent  increase over the quarter ended November
30, 2000 ("Third Quarter 2001").  Approximately half of the growth resulted from
the  inclusion  of  brands  acquired  in the  Turner  Road  Vintners  and  Corus
acquisitions in March 2001, including Vendange,  Talus and Alice White, and from
the  Ravenswood  brand,  which  was  acquired  in July 2001  (collectively,  the
"Acquisitions").  Excluding the  Acquisitions,  net sales  increased 10 percent;
attributed  primarily to growth in imported beer, the U.K. wine business and the
U.K. wholesale  business.  Net sales for the nine months ended November 30, 2001
("Nine Months 2002"), reached $2.1 billion, a 16 percent increase as compared to
the nine months  ended  November  30, 2000 ("Nine  Months  2001").  There was no
significant  foreign currency impact on consolidated net sales for Third Quarter
2002 or Nine Months 2002.
     Gross  profit  reached $258  million for Third  Quarter  2002, a 24 percent
increase over Third Quarter 2001. The  improvement in gross profit resulted from
increased  sales and an 80 basis point  improvement in gross profit margin.  The
increase in gross profit margin to 33.8 percent resulted primarily from sales of
higher margin brands from the Acquisitions. Gross profit and gross profit margin
for Nine Months 2002 were $698 million and 32.5 percent, respectively,  compared
to $593 million and 32.0 percent for Nine Months 2001.
     Selling,  general and  administrative  expenses were $150 million for Third
Quarter  2002, a 22 percent  increase  from $123 million for Third Quarter 2001.
Advertising and promotion costs associated with brands from the Acquisitions and
higher advertising and promotion costs associated with the U.K. branded business
were the primary reasons for the increase in selling, general and administrative
expenses.  Third Quarter 2002 selling, general and administrative expenses, as a
percent of net sales, were 19.6 percent, an increase of 10 basis points over the
same  period a year ago.  Selling,  general  and  administrative  expenses  as a
percent of net sales for Nine  Months  2002 were  favorable  by 50 basis  points
compared to the prior period. Selling,  general and administrative expenses were
$430 million for Nine Months 2002 compared to $379 million reported for the same
period last year.
     Operating  income increased to $109 million for Third Quarter 2002 from $85
million for Third Quarter 2001, an increase of 28 percent. For Nine Months 2002,
operating income was $268 million compared to $213 million for Nine Months 2001.
     Equity in earnings of Pacific Wine Partners, an equally owned joint venture
with BRL Hardy, was $1.2 million for Third Quarter 2002.  Pacific Wine Partners'
results reflect its first full quarter of operations and includes the results of
operations of the Blackstone  Winery assets,  which were acquired on October 16,
2001.
     Although debt outstanding at the end of Third Quarter 2002 was $216 million
greater than the prior year period, net interest expense was virtually unchanged
at $27  million as a result of a lower  average  borrowing  rate.  Net  interest
expense  for Nine  Months  2002 was $86  million,  up from $82  million for Nine
Months 2001.
     As a result of these  factors,  net income  reached  $50  million for Third
Quarter  2002, a 42 percent  increase  compared to net income of $35 million for
Third  Quarter  2001.  Earnings  per diluted  share for Third  Quarter 2002 were
$1.11, a 19 percent  increase over earnings per diluted share of $0.93 for Third
Quarter  2001.  Net income and earnings  per diluted  share for Nine Months 2002
were $109 million and $2.51, respectively, versus $79 million and $2.12 for Nine
Months 2001.




BARTON RESULTS
     Barton's  Third Quarter 2002 net sales were $261 million,  an eight percent
increase as compared to Third Quarter 2001. Beer sales increased 11 percent, led
by volume increases in Corona Extra, Modelo Especial, Negra Modelo and St. Pauli
Girl. Spirits sales increased one percent due to increases in bulk whiskey sales
partially  offset by slightly lower branded spirits sales.  Operating income was
$48 million for Third Quarter 2002, an increase of three percent compared to the
prior year.
     Barton's  net sales and  operating  income  reached  $817  million and $143
million, respectively, for Nine Months 2002, increases of seven percent and five
percent, respectively, compared to the prior year.

CANANDAIGUA WINE RESULTS
     Net sales for Canandaigua  Wine for Third Quarter 2002 increased 33 percent
to $245 million.  Most of the increase  resulted from the addition of sales from
brands  acquired in the Turner Road Vintners and Corus  acquisitions.  Excluding
the acquired brands, branded net sales grew five percent driven by volume.
     Operating  income  reached $36  million,  an increase of $20 million or 123
percent  compared to the prior year.  The increase was the result of  additional
profits from the acquired brands and the positive impact of lower grape prices.
     Net sales and  operating  income for Nine Months 2002 were $648 million and
$76  million,  respectively,  compared to $517  million and $34 million for Nine
Months 2001.

MATTHEW CLARK RESULTS
     Matthew  Clark's net sales for Third Quarter 2002 were $220 million  versus
$180 million  reported for the comparable  quarter a year ago, an increase of 22
percent.  Wholesale  sales increased 31 percent for Third Quarter 2002 driven by
strong sales to national  accounts.  Branded  sales  increased 11 percent led by
extremely strong sales in table wine,  particularly  Stowells of Chelsea and the
California  wine  portfolio,  partially  offset by slightly  lower cider  sales.
Operating income for Third Quarter 2002 reached $18 million, slightly lower when
compared to the prior year.
     Net  sales for Nine  Months  2002 were $600  million  versus  $519  million
reported  for the same  period last year,  an increase of 15 percent.  Net sales
increased 20 percent adjusting for the impact of foreign currency  fluctuations.
Operating  income for Nine Months  2002 was $40 million  compared to $41 million
for the prior year.

FRANCISCAN RESULTS
     Franciscan's  net sales for Third Quarter 2002 were $44 million  versus $28
million  reported  for the  comparable  quarter  last year,  an  increase  of 57
percent.  Most of the increase was due to sales of the Ravenswood  brand,  which
was acquired during July 2001.  Driven by the addition of Ravenswood,  operating
income increased 46 percent, reaching $13 million.
     Net sales and  operating  income for Nine Months 2002 were $101 million and
$28 million,  respectively, an increase of 42 percent and 52 percent compared to
Nine Months 2001.

OUTLOOK
     The following  statements are  management's  current  expectations  for the
Company's  three months ending February 28, 2002 ("Fourth  Quarter  2002"),  and
fiscal year ending




February 28, 2002 ("Fiscal  2002").  These statements are made as of the date of
this press release and are forward-looking. Actual results may differ materially
from these expectations due to a number of risks and uncertainties.

-    Diluted  earnings  per share for Fourth  Quarter  2002 are  expected  to be
     within a range of $0.56 to $0.59 versus $0.48  reported for Fourth  Quarter
     2001.

-    Diluted  earnings  per share for Fiscal  2002 are  expected  to be within a
     range of $3.05 to $3.08 versus $2.60 reported for Fiscal 2001.

     With respect to goodwill and  intangible  assets  acquired prior to July 1,
2001, the Company will adopt Statement of Financial Accounting Standards No. 142
("SFAS 142"),  "Goodwill and Other Intangible Assets",  beginning March 1, 2002.
Therefore, the Company's earnings expectations do not reflect the impact of SFAS
142 as it relates to the amortization of goodwill and intangible assets acquired
prior to July 1, 2001.  The  Company's  preliminary  assessment of the financial
impact of SFAS 142 is that if the standard was adopted as of March 1, 2001,  the
Company's  operating  income for the fiscal year ending February 28, 2002, would
be approximately $24 million higher.

     All share and per share amounts in this press release, including within the
financial statements,  reflect the two-for-one stock split of both the Company's
Class A and Class B common stock,  which was  distributed in the form of a stock
dividend on May 14, 2001.

STATUS OF BUSINESS OUTLOOK
     During the quarter,  Constellation  may  reiterate  the estimates set forth
above under the heading  Outlook  (collectively,  the  "Outlook").  Prior to the
start of the Quiet Period (described  below), the public can continue to rely on
the Outlook as still being  Constellation's  current expectations on the matters
covered, unless Constellation publishes a notice stating otherwise.
     Beginning  February 15, 2002,  Constellation  will observe a "Quiet Period"
during  which  the  Outlook  no  longer   constitutes   the  Company's   current
expectations.  During the Quiet Period,  the Outlook  should be considered to be
historical,  speaking  as of prior to the Quiet  Period  only and not subject to
update by the Company. During the Quiet Period, Constellation's  representatives
will not comment concerning the Outlook or Constellation's  financial results or
expectations.  The Quiet Period will extend  until the day when  Constellation's
next quarterly Earnings Release is published,  presently scheduled for Thursday,
April 11, 2002.

FORWARD-LOOKING STATEMENTS
     The  statements  made  under  the  heading  Outlook,  as well as all  other
statements set forth in this press release which are not historical  facts,  are
forward-looking statements that involve risks and uncertainties that could cause
actual  results to differ  materially  from those set forth in or implied by the
forward-looking  statements.  The Company's forward-looking statements are based
on management's current expectations and unless otherwise noted do not take into
account  the  impact of any  future  acquisition,  merger or any other  business
combination,  divestiture or financing  that may be completed  after the date of
this  release.  Any  projections  of  future  results  of  operations,   and  in
particular,  (i) the  Company's  estimated  diluted  earnings  per share for the
quarter  ending  February 28, 2002,  and (ii) the  Company's  estimated  diluted
earnings per share for the twelve months ending February 28, 2002, should not be
construed in any manner as a guarantee that such results will in fact occur.  In
addition to the risks and  uncertainties of ordinary  business  operations,  the
forward-looking statements of the Company contained in this




press  release  are also  subject  to the  following  risks  and  uncertainties:
expectations  that our recent  acquisitions  and our joint  venture will achieve
certain  sales  projections  and  meet  certain  cost  targets;  the  successful
integration  of our recent  acquisitions;  wholesalers  and  retailers  may give
higher priority to products of our competitors;  raw material supply, production
or  shipment  difficulties  could  adversely  affect  our  ability to supply our
customers;  increased competitive activities in the form of pricing, advertising
and promotions  could  adversely  impact consumer demand for our products and/or
result in higher than expected selling,  general and administrative  expenses; a
general  decline in alcohol  consumption;  increases in federal and state excise
taxes on beverage  alcohol  products;  changes in foreign  exchange  rates.  For
additional information about risks and uncertainties that could adversely affect
the Company's forward-looking statements,  please refer to the Company's filings
with the Securities and Exchange Commission, including its Annual Report on Form
10-K for the fiscal year ended February 28, 2001.

ABOUT CONSTELLATION
     Constellation  Brands,  Inc. is a leader in the production and marketing of
beverage alcohol brands in North America and the United Kingdom and is a leading
independent  drinks  wholesaler  in the United  Kingdom.  As the second  largest
supplier of wine,  the second  largest  importer of beer and the fourth  largest
supplier  of  distilled  spirits,  Constellation  is the  largest  single-source
supplier  of  these  products  in the  United  States.  In the  United  Kingdom,
Constellation  is a leading marketer of wine and the second largest producer and
marketer of cider. With its broad product portfolio,  Constellation  believes it
is distinctly  positioned to satisfy an array of consumer preferences across all
beverage  alcohol  categories.   Leading  brands  in  Constellation's  portfolio
include: Franciscan Oakville Estate, Simi, Estancia,  Ravenswood,  Corona Extra,
Modelo Especial,  St. Pauli Girl, Almaden,  Arbor Mist, Talus,  Vendange,  Alice
White, Black Velvet,  Fleischmann's,  Schenley,  Ten High,  Stowells of Chelsea,
Blackthorn and K.


                             CONFERENCE CALL DETAILS


     A  conference  call to  discuss  the  quarterly  results  will be hosted by
Richard  Sands,  Chairman and CEO, and Tom Summer,  Executive Vice President and
CFO, on Thursday, January 3, 2002, at 11:00 a.m. EST. The conference call can be
accessed  by  dialing  (800)  860-2442.  A  live  listen-only  web  cast  of the
conference  call is  available  on the  Internet  at  Constellation's  web site:
www.cbrands.com  under "Investor  Information." If you are unable to participate
in the conference call, there will be a replay available on Constellation's  web
site or by dialing (877) 344-7529 or (412) 858-1440 from approximately 1:30 p.m.
EST on Thursday,  January 3, 2002, through 12:00 a.m. EST on Friday, January 11,
2002.





Digital Playback Instructions - Courtesy of ChorusCall
------------------------------------------------------

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2.   Enter '246' when prompted for your account number followed by the # sign.

3.   Please press '1' to play a recorded conference.

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     followed by any key.

6.   Please press '1' to begin the conference playback.


--------------------------------------------------------------------------------


               CONDENSED CONSOLIDATED FINANCIAL STATEMENTS FOLLOW



                   CONSTELLATION BRANDS, INC. AND SUBSIDIARIES
                      CONDENSED CONSOLIDATED BALANCE SHEETS
                                 (in thousands)

                                            November 30, 2001  February 28, 2001
                                            -----------------  -----------------
ASSETS
------
CURRENT ASSETS:
  Cash and cash investments                   $      9,454       $    145,672
  Accounts receivable, net                         473,835            314,262
  Inventories, net                                 831,889            670,018
  Prepaid expenses and other current assets         72,175             61,037
                                              ------------       ------------
    Total current assets                         1,387,353          1,190,989
PROPERTY, PLANT AND EQUIPMENT, net                 561,667            548,614
OTHER ASSETS                                     1,178,471            772,566
                                              ------------       ------------
  Total assets                                $  3,127,491       $  2,512,169
                                              ============       ============

LIABILITIES AND STOCKHOLDERS' EQUITY
------------------------------------
CURRENT LIABILITIES:
  Notes payable                               $    159,493       $      4,184
  Current maturities of long-term debt              80,039             54,176
  Accounts payable                                 217,550            114,793
  Accrued excise taxes                              49,977             55,954
  Other accrued expenses and liabilities           290,482            198,053
                                              ------------       ------------
    Total current liabilities                      797,541            427,160
LONG-TERM DEBT, less current maturities          1,259,088          1,307,437
DEFERRED INCOME TAXES                              131,953            131,974
OTHER LIABILITIES                                   33,628             29,330
STOCKHOLDERS' EQUITY                               905,281            616,268
                                              ------------       ------------
  Total liabilities and stockholders' equity  $  3,127,491       $  2,512,169
                                              ============       ============



                   CONSTELLATION BRANDS, INC. AND SUBSIDIARIES
                   CONDENSED CONSOLIDATED STATEMENTS OF INCOME
                      (in thousands, except per share data)

                                     Three Months       Three Months
                                         Ended              Ended        Percent
                                   November 30, 2001  November 30, 2000  Change
                                   -----------------  -----------------  -------
Gross sales                           $   987,776        $   833,447       19%
Net sales                             $   764,074        $   629,577       21%
Cost of product sold                     (505,666)          (421,524)      20%
                                      -----------        -----------
    Gross profit                          258,408            208,053       24%
Selling, general and
  administrative expenses                (149,585)          (122,815)      22%
                                      -----------        -----------
    Operating income                      108,823             85,238       28%
Equity in earnings of joint venture         1,165               -          n/a
Interest expense, net                     (27,249)           (26,983)       1%
                                      -----------        -----------
    Income before income taxes             82,739             58,255       42%
Provision for income taxes                (33,096)           (23,302)      42%
                                      -----------        -----------
    Net income                        $    49,643        $    34,953       42%
                                      ===========        ===========

Earnings per common share:
    Basic                             $      1.14        $      0.95       20%
    Diluted                           $      1.11        $      0.93       19%
Weighted average common shares
  outstanding:
    Basic                                  43,429             36,788       18%
    Diluted                                44,739             37,469       19%

Segment Information:
Net sales:
    Barton
      Beer                            $   181,264        $   163,292       11%
      Spirits                              79,826             79,096        1%
                                      -----------        -----------
        Net sales                     $   261,090        $   242,388        8%
    Canandaigua Wine
      Branded                         $   223,558        $   162,112       38%
      Other                                21,414             22,310       -4%
                                      -----------        -----------
        Net sales                     $   244,972        $   184,422       33%
    Matthew Clark
      Branded                         $    88,205        $    79,355       11%
      Wholesale                           131,842            100,725       31%
                                      -----------        -----------
        Net sales                     $   220,047        $   180,080       22%
    Franciscan                        $    43,672        $    27,818       57%
    Intersegment eliminations         $    (5,707)       $    (5,131)      11%
                                      -----------        -----------
Consolidated net sales                $   764,074        $   629,577       21%
                                      ===========        ===========

Operating income:
   Barton                             $    47,822        $    46,370        3%
   Canandaigua Wine                        36,377             16,281      123%
   Matthew Clark                           17,872             18,431       -3%
   Franciscan                              13,169              9,001       46%
   Corporate Operations and Other          (6,417)            (4,845)      32%
                                      -----------        -----------
Consolidated operating income         $   108,823        $    85,238       28%
                                      ===========        ===========



                   CONSTELLATION BRANDS, INC. AND SUBSIDIARIES
                   CONDENSED CONSOLIDATED STATEMENTS OF INCOME
                      (in thousands, except per share data)

                                      Nine Months        Nine Months
                                         Ended              Ended        Percent
                                   November 30, 2001  November 30, 2000  Change
                                   -----------------  -----------------  -------
Gross sales                           $ 2,774,023        $ 2,436,637       14%
Net sales                             $ 2,146,959        $ 1,852,647       16%
Cost of product sold                   (1,448,925)        (1,260,082)      15%
                                      -----------        -----------
    Gross profit                          698,034            592,565       18%
Selling, general and
  administrative expenses                (430,287)          (379,159)      13%
                                      -----------        -----------
    Operating income                      267,747            213,406       25%
Equity in earnings of joint venture         1,028               -          n/a
Interest expense, net                     (86,408)           (81,797)       6%
                                      -----------        -----------
    Income before income taxes            182,367            131,609       39%
Provision for income taxes                (72,947)           (52,644)      39%
                                      -----------        -----------
    Net income                        $   109,420        $    78,965       39%
                                      ===========        ===========

Earnings per common share:
    Basic                             $      2.58        $      2.16       19%
    Diluted                           $      2.51        $      2.12       18%
Weighted average common shares
  outstanding:
    Basic                                  42,362             36,615       16%
    Diluted                                43,570             37,283       17%

Segment Information:
Net sales:
    Barton
      Beer                            $   593,435        $   538,585       10%
      Spirits                             223,657            224,203        0%
                                      -----------        -----------
        Net sales                     $   817,092        $   762,788        7%
    Canandaigua Wine
      Branded                         $   591,232        $   455,950       30%
      Other                                56,653             60,767       -7%
                                      -----------        -----------
        Net sales                     $   647,885        $   516,717       25%
    Matthew Clark
      Branded                         $   233,349        $   225,338        4%
      Wholesale                           366,317            293,958       25%
                                      -----------        -----------
        Net sales                     $   599,666        $   519,296       15%
    Franciscan                        $   101,258        $    71,100       42%
    Intersegment eliminations         $   (18,942)       $   (17,254)      10%
                                      -----------        -----------
Consolidated net sales                $ 2,146,959        $ 1,852,647       16%
                                      ===========        ===========

Operating income:
    Barton                            $   143,234        $   135,818        5%
    Canandaigua Wine                       75,706             34,481      120%
    Matthew Clark                          40,157             41,027       -2%
    Franciscan                             28,315             18,659       52%
    Corporate Operations and Other        (19,665)           (16,579)      19%
                                      -----------        -----------
Consolidated operating income         $   267,747        $   213,406       25%
                                      ===========        ===========





                                   SIGNATURES

     Pursuant to the  requirements  of the Securities  Exchange Act of 1934, the
Registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned, hereunto duly authorized.


                                    CONSTELLATION BRANDS, INC.

Dated: January 3, 2002              By: /s/ Thomas S. Summer
                                        --------------------------------
                                        Thomas S. Summer, Executive Vice
                                        President and Chief Financial
                                        Officer




                                INDEX TO EXHIBITS

(1)  UNDERWRITING AGREEMENT

     Not Applicable.

(2)  PLAN OF ACQUISITION, REORGANIZATION, ARRANGEMENT, LIQUIDATION OR SUCCESSION

     Not Applicable.

(4)  INSTRUMENTS DEFINING THE RIGHTS OF SECURITY HOLDERS, INCLUDING INDENTURES

     Not Applicable.

(16) LETTER RE CHANGE IN CERTIFYING ACCOUNTANT

     Not Applicable.

(17) LETTER RE DIRECTOR RESIGNATION

     Not Applicable.

(20) OTHER DOCUMENTS OR STATEMENTS TO SECURITY HOLDERS

     Not Applicable.

(23) CONSENTS OF EXPERTS AND COUNSEL

     Not Applicable.

(24) POWER OF ATTORNEY

     Not Applicable.

(99) ADDITIONAL EXHIBITS

     None