Revenue segments as reported by the company.

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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

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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

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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.

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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.

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.

Constellation Brands (STZ) Q1 Earnings & Sales Top Estimates

Constellation Brands Inc (NYSE: STZ) cited the strength in its beer business as it reported market-beating results for its first financial quarter on Friday. Shares still opened in the red.

Constellation Brands beats earnings estimates on strong beer sales

Constellation Brands, Inc.  (NYSE:STZ) stock is down 1.5% $243.56 at last check, despite the company announcing better-than-expected fiscal first-quarter earnings and revenue.

Constellation Brands Stock Dips on Reaffirmed Forecast

The headline numbers for Constellation Brands (STZ) give insight into how the company performed in the quarter ended May 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Constellation Brands (STZ) Reports Q1 Earnings: What Key Metrics Have to Say

Constellation Brands (STZ) came out with quarterly earnings of $2.91 per share, beating the Zacks Consensus Estimate of $2.83 per share. This compares to earnings of $2.66 per share a year ago.

Constellation Brands (STZ) Surpasses Q1 Earnings and Revenue Estimates

The beverages sector is one of those economic niches that are considered 'defensive'; this characterization is typically a Wall Street favorite when the crowd faces a questioning economy, and a stream of stable and reliable cash flows becomes all the more attractive. Constellation Brands NYSE: STZ falls into such a category, as the stock has held up relatively steady at 6% annual performance, despite a most volatile year in the broader markets amid FED pivots and recession fears hovering over the minds of business owners and consumers.

Constellation Brands Stock Swings After Earnings Announcement

Constellation Brands (NYSE:STZ), Inc announced first quarter fiscal 2024 adjusted earnings of $2.91 per share, up from $2.66 per share a year ago and surpassing the Zacks Consensus Estimate of $2.83 per share. The alcohol beverages maker's revenue for the period rose to $2.51 billion from of $2.36 billion during the same quarter last year while also beating analyst expectations by 1.26%.

Constellation Brands 1Q financial results beat estimates on higher beer sales

Constellation Brands' earnings smashed Wall Street expectations, hitting $2.91 per share in the fiscal first quarter.

Modelo Fizzes After Bud Light Demise. Constellation's Beer Sales Soar.

Constellation Brands Inc. STZ, +0.03% posted better-than-expected fiscal first-quarter earnings on Friday, boosted by strength in its beer business where sales rose 11%. The company had net income of $135.9 million, or 74 cents a share, for the quarter to May 31, down from $389.5 million, or $2.09 a share, in the year-earlier period.

Constellation Brands earnings top estimates as beer sales rise 11%

VICTOR, N.Y., June 30, 2023 (GLOBE NEWSWIRE) -- Constellation Brands, Inc. (NYSE: STZ), a leading beverage alcohol company, reported today its first quarter fiscal 2024 financial results. A conference call to discuss the financial results and outlook will be hosted by President and Chief Executive Officer, Bill Newlands, and Chief Financial Officer, Garth Hankinson, on Friday, June 30, 2023 at 10:30 a.m. EDT. Visit ir.cbrands.com to locate information for joining the conference call or a live, listen-only webcast of the conference call.

Constellation Brands Reports First Quarter Fiscal 2024 Financial Results

NIKE

A reported tightening of U.S. rules related to exporting advanced chips was weighing on chipmakers Nvidia and AMD, semiconductor equipment maker ASML, and chip manufacturer Taiwan Semiconductor early Wednesday.

Earnings Previews: Constellation Brands, Nike

Constellation Brands Inc., whose Modelo Especial has overtaken Anheuser-Busch InBev's Bud Light to become the best-selling beer in the U.S., will report fiscal first-quarter earnings on Friday, and beer is expected to be top of mind for investors.

Constellation Brands beer sales expected to boost earnings and stock price as Bud Light backlash continues

Constellation Brands earnings should show a rebound Friday as Modelo Especial has become the No. 1 U.S. beer brand amid a Bud Light boycott.

Constellation Brands Earnings Due As Modelo Beer Sees Boost From Bud Light Boycott

Constellation Brands' (STZ) Q1 results are expected to reflect gains from premiumization initiatives and strength in the beer business amid cost woes.

Why Constellation Brands (STZ) is Poised for Q1 Earnings Beat

Anheuser-Busch InBev

Carnival

Micron Technology

A stock market pullback gives investors a chance to reassess as the second quarter rolls to a close. Earnings from Nike and Carnival are due.

Stock Market Action Plan: Nike, Micron, Carnival Earnings And The Bud Light Beer Wars

Constellation Brands (NYSE:STZ) reports first-quarter earnings on Friday, June 30, before the market opens and analysts at UBS say stronger growth in the beverages group's beer category has improved sentiment heading into the results.  They've maintained their ‘Buy' rating on the stock with an increased 12-month price target of $296, up from $280.

Constellation Brands' 1Q results likely to benefit from frothy beer sales

Constellation Brands (STZ) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Constellation Brands (STZ) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Demographic shifts and savvy marketing fueled the Mexican import's rise. A Bud Light boycott finished the job.

How Modelo Dethroned Bud Light in America

Bud Light sales have sagged following a conservative boycott over its partnership with trans social media influencer Dylan Mulvaney.

Modelo tops Bud Light as the top-selling beer in the U.S. in May

McDonald's

Altria

Over the years, investors have become less comfortable with certain so-called sin stocks. However, these sinful stocks can produce heavenly returns for patience investors who hold through the turbulence.

3 ‘Sinful' Stocks That Have Heavenly Profits

Bud Light is no longer the top selling beer in the United States. It's a medal that now sits with Constellation Brands Inc's (NYSE: STZ) Modelo Especial.

Mulvaney partnership costs Bud Light its top spot in U.S. beer market

Molson Coors Brewing

Bud Light has been dethroned by Modelo Especial as the best-selling beer in the U.S., according to a report, following a boycott of Bud Light that began in April in response to its partnership with trans influencer Dylan Mulvaney.

Bud Light dethroned as top-selling beer by Modelo, as boycott cuts into sales

Strength in the beer business, premiumization efforts and robust consumer demand are likely to aid Constellation Brands (STZ) amid inflation, higher operating costs and elevated marketing expenses.

News for Constellation Brands Stock (STZ)