Revenue segments as reported by the company.

Sales

Excise taxes

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Selling, general, and administrative

Impairment of brewery construction in progress

Impairment of assets held for sale

Gain (loss) on sale of business

Goodwill impairment

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Constellation Brands

Constellation Brands, Inc. engages in the production, marketing, and distribution of beer, wine, and spirits. It operates through the following segments: Beer, Wine and Spirits, and Corporate Operations and Other, and Canopy. The Beer segment includes imported and craft beer brands. The Wine and Spirits segment sells wine brands across all categories-table wine, sparkling wine, and dessert wine-and across all price points. The Corporate Operations and Other segment comprise costs of executive management, corporate development, corporate finance, human resources, internal audit, investor relations, legal, public relations, and information technology. The Canopy segment consists of canopy equity method Investments. The company was founded by Marvin Sands in 1945 and is headquartered in Victor, NY.

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Earnings data Q2 2025

Earnings data Q3 2025

Constellation Brands reports strong Q3 performance, focuses on sustainable growth

Constellation Brands delivered strong performance in its beer business, raising guidance for fiscal '23 despite challenges from inflation and pricing actions, while focusing on sustainable growth and shareholder value.
The company showcased resilience in its core business, with consumer-led innovations driving growth in the beer segment and higher-end brands showing positive performance in the Wine & Spirits segment.
Maintaining a commitment to ESG goals, capital allocation priorities, and strategic investments, Constellation Brands aims to navigate challenges, leverage opportunities, and drive innovation for future growth.
With a strong focus on maintaining high single-digit growth, investing in brand support, and capitalizing on premiumization strategies, Constellation Brands positions itself for continued success and market leadership.

Constellation Brands excels in fiscal 2023, eyes growth opportunities

Constellation Brands delivered a strong performance in fiscal 2023, driven by the success of its Beer Business and transformation of the Wine and Spirits segment. The company's commitment to ESG goals and shareholder returns further highlight its strategic focus.
While facing challenges in mainstream brands and inflationary impacts on margins, Constellation Brands remains agile in its pricing strategies and focused on brand growth and innovation. Opportunities for growth lie in margin improvement and market expansion.
Overall, Constellation Brands' fiscal 2023 performance sets a positive trajectory for fiscal 2024, with targeted net sales growth and margin improvements in the Beer and Wine and Spirits businesses. The company's resilience and strategic initiatives position it well for future success.

Constellation Brands reports robust Q1 performance amidst market challenges

Constellation Brands' Q1 2024 earnings call highlighted strong performance in Beer Business, challenges in Wine and Spirits, and opportunities for growth through brand focus and marketing. Despite facing inflationary pressures, the company remains confident in delivering on its fiscal '24 guidance and sustaining market leadership.

Constellation Brands excels in Q2 with beer and premium wine growth

Constellation Brands reported a strong Q2 performance driven by its beer business and premium wine brands. Despite challenges such as inflation and mainstream wine growth, the company remains confident in its outlook for the full year. Opportunities lie in growth strategies, efficient cost-saving initiatives, and capital allocation priorities.

Constellation Brands excels in beer, navigates challenges in wine

Constellation Brands delivered strong performance in its beer business but faced challenges in the wine and spirits segment, prompting a revision in fiscal '24 guidance.
The company remains focused on operational efficiency, cost savings, and strategic pricing to drive growth and maintain financial stability.
Despite challenges, Constellation Brands maintains confidence in its outlook for the full year, emphasizing a commitment to balanced capital allocation and shareholder returns.
Opportunities lie in repositioning the wine portfolio, driving operational efficiencies, and pursuing strategic investments for future growth and profitability.

Constellation Brands excels in beer, tackles challenges in Wine

Constellation Brands' fiscal year 2024 demonstrated strength in the beer business, while efforts are underway to address challenges in the Wine and Spirits segment. The company aims for continued growth in fiscal year 2025 through operational enhancements and capital allocation priorities.

Constellation Brands reports mixed Q2 results, focuses on beer growth

Constellation Brands delivered a mixed performance in Q2 2025, with strong beer sales but challenges in Wine and Spirits.
The company's financial health remains robust, with a focus on shareholder value through share repurchases.
Addressing challenges in Wine and Spirits while capitalizing on beer business strengths will be key for future growth.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Constellation Brands, Inc. engages in the production, marketing, and distribution of beer, wine, and spirits. It operates through the following segments: Beer, Wine and Spirits, Corporate Operations and Other, and Canopy. The Beer segment includes imported and craft beer brands. The Wine and Spirits segment sells wine brands across all categories-table wine, sparkling wine, and dessert wine-and across all price points. The Corporate Operations and Other segment refers to the costs of executive management, corporate development, corporate finance, human resources, internal audit, investor relations, legal, public relations, and information technology. The Canopy segment consists of canopy equity method Investments. The company was founded by Marvin Sands in 1945 and is headquartered in Rochester, NY.

Innovative Industrial Properties

Trulieve Cannabis Corp.

The cannabis realm has piqued investor interest and is well on its way to carving an indelible spot in the investment landscape. As the industry flourishes, the best cannabis stocks to buy have emerged not by chasing mere profits but by committing to sustainable trajectories.

The 3 Best Cannabis Stocks to Buy for August

Eli Lilly

Novo Nordisk

Pfizer

Boston Beer Company

Molson Coors Brewing

If weight-loss drugs become multibillion-dollar blockbusters, snack makers and beer companies could take a hit, analysts say.

For Dieters, Obesity Drugs Are a Magic Pill. These Stocks Could Lose.

Modelo continues to gobble up market share from Bud Light and could surpass the troubled brand as the top-selling beer in the U.S. this year after beating it the past three months.

Modelo gaining on Bud Light as Mexican brand on track to become top US beer for 2023

Scotts Miracle-Gro

Dividend stocks have proved to be superior investments over the past 100 years. There has never been a decade when income stocks on the S&P 500 did not generate positive returns, even while non-dividend stocks were posting negative returns.

3 Cannabis Stocks With Dividends Worth Rolling Into Your Portfolio

Constellation Brands (STZ) looks well-poised for growth on the back of solid beer unit, strong demand and premiumization strategy. However, higher packaging and raw material costs are woes.

Strength in Beer Unit Aids Constellation Brand (STZ) Amid Cost Woes

EPR Properties

Lennox International

It shouldn't surprise anyone in the U.S. that July 2023 was the hottest month ever recorded on Earth. It is so hot that some cities have gone an entire month without temperatures falling below 100 degrees Fahrenheit.

3 Sizzling Stocks to Snatch Up for Hot Summer Profits

A key change is going on at Constellation Brands, which has agreed to work with Elliott and add two seats to the board of directors.

Constellation Brands is in the midst of a transformation. How activist Elliott may build value

Anheuser-Busch InBev

Bud Light sales continue to reel in the wake of the Dylan Mulvaney controversy, as new data shows Corona Light and Coors Light have reaped the benefits of Bud's decline.

Longtime Bud Light competitors gaining ground in beer wars after Dylan Mulvaney disaster

Shares of Constellation Brands Inc. were on track to hit a record high, a day after a large investor took steps to wield greater influence over the beer and wine maker's board — a move Wall Street analysts said would help further steer corporate governance away from family control.

Corona parent Constellation Brands shares on pace for record as big investor deepens its involvement to make it less of a family-controlled company

Alcoholic beverage marketer Constellation Brands (NYSE: STZ ) is in the news today, and STZ stock is climbing about 4.5% after the company announced an agreement with activist investor Elliott Management. Elliott's CEO is the well-respected billionaire investor Paul Singer.

Can Billionaire Paul Singer Save Constellation Brands (STZ) Stock?

Constellation Brands (NYSE:STZ) shares moved higher in pre-market trading on Wednesday after it announced appointments to its board of directors and a new partnership with one of its largest investors Elliot Investment Management.  The leading alcohol producer and marketer, whose brands include Corona and Modelo Especial, announced on Tuesday that Mondelēz International CFO Luca Zaramella and AutoZone CFO William T.

Constellation Brands shares move higher on board appointments

Corona parent Constellation Brands Inc. STZ, -0.09% on Tuesday said will appoint two new independent directors to its board and share more information with Elliott Investment Management as part of agreements struck between the alcoholic beverage company and the investment firm. Shares were up 3% after hours on Tuesday.

Constellation Brands will appoint two directors, share information in deal with Elliott

Luca Zaramella, CFO of Mondelēz International, and William T. Giles, Former CFO of AutoZone, to Join the Company's Board of Directors

Constellation Brands Announces Governance Enhancements, Elects Two New Independent Directors

Duckhorn Portfolio

The Beverages - Alcohol industry has been in trouble lately due to elevated input and packaging costs, supply-chain disruptions, and higher marketing expenses. Players like STZ, BF.B, TAP, SAM and NAPA are likely to capitalize on persistent innovation, premiumization and digital endeavors.

5 Stocks to Watch as the Alcohol Industry Trends Turn Unfavorable

Modelo Especial is the top-selling beer in the U.S. in terms of sales dollars in June. It marks the second month in a row that the Mexican lager has held this spot.

Modelo named top-selling beer in US for second consecutive month

Mexican-made Modelo Especial is the top-selling beer in the United States for the second straight month, once again snatching the crown from Bud Light.

Modelo tops Bud Light in sales for the second month in a row

Constellation Brands' product portfolio led net sales and earnings higher in its fiscal first quarter. The dividend is well positioned for future growth.

Should You Buy This Blue Chip Stock for Dividend Growth?

VICTOR, N.Y., July 06, 2023 (GLOBE NEWSWIRE) -- Constellation Brands, Inc. (NYSE: STZ), a leading beverage alcohol company, today announced that Rob Sands will retire from his role as Chair of Constellation's Board of Directors and will not stand for re-election as Board Chair following the company's Annual Meeting of Stockholders on July 18, 2023. Sands will continue in his capacity as a Board member for the company.

Constellation Brands Announces Retirement of Rob Sands From Role as Chair of the Company's Board of Directors

Positive commentary from Constellation Brands (NYSE:STZ), Inc CEO Bill Newlands in late May raised the bar on its beer depletions (number of cases distributors sold to retailers) ahead of the company's first quarter fiscal 2024 financial results on June 30, UBS analysts wrote in a note to clients. They noted Constellation's 1Q margins came in better than expected and the company delivered a “solid” earnings beat, although its beer depletions of 5.5% plus came in slightly below Visible Alpha consensus of 5.6% plus and marginally below buy side expectations.

Constellation Brands earnings reaction “mixed” as beer depletions bar raised

Kraft Heinz

Coca-Cola

PepsiCo

Tyson Foods

Ahead of Independence Day in the United States, consumers are preparing to celebrate with cookouts and fireworks displays.

Gurus Are Celebrating Freedom With These 5 Consumer Defensive Stocks

Constellation Brands Inc. is poised to get beer margins back to 40% without input cost declines or price hikes, according to Roth MKM analyst Bill Kirk.

Constellation Brands can get beer margins back to 40% without raising prices, analyst says

Constellation Brands CEO Bill Newlands said that Modelo Especial beating Bud Light in sales dollars to become America's top-selling beer came “a little sooner" than expected.

Modelo passing Bud Light as No. 1 beer happened 'sooner' than anticipated, Constellation Brands CEO says

Consumers are increasingly turning to digital channels to purchase alcohol, as Constellation Brands observes, but eCommerce in the industry has a long way to go.

Constellation Brands Sees D2C eCommerce Sales Rise 40%+

Constellation Brands, Inc. (NYSE:STZ ) Q1 2024 Earnings Conference Call June 30, 2023 10:30 AM ET Company Participants Joe Suarez - VP, IR Bill Newlands - CEO Garth Hankinson - CFO Conference Call Participants Dara Mohsenian - Morgan Stanley Lauren Lieberman - Barclays Peter Grom - UBS Bryan Spillane - Bank of America Bonnie Herzog - Goldman Sachs Nadine Sarwat - Bernstein Andrea Teixeira - JPMorgan Chris Carey - Wells Fargo Securities Filippo Falorni - Citi Andrew Strelzik - BMO Capital Markets Operator Hello, and welcome to the Constellation Brands Q1 Fiscal Year 2024 Earnings Call and Webcast. [Operator Instructions] As a reminder, this conference call is being recorded.

Constellation Brands, Inc. (STZ) Q1 2024 Earnings Call Transcript

Constellation Brands' (STZ) Q1 results reflect strength in its beer business and cost-efficiency initiatives. As a result, it retains the fiscal 2024 view.

News for Constellation Brands Stock (STZ)