Constellation Brands faced a 10% revenue drop in Q3 FY26 due to large-scale divestitures in its Wine & Spirits business, but maintained solid performance in its Beer segment. Operating income held steady on a comparable basis, while net income declined.

Constellation Brands delivered solid Q2 results with revenue of $2.48B and adjusted EPS of $3.63, supported by strong beer demand and favorable mix in wine and spirits.

Constellation Brands faced revenue and income declines in Q1 FY26 amid weaker consumer demand and wine portfolio divestitures, while its Beer Business maintained strong U.S. market share gains.

Despite a net loss due to impairment charges, Constellation Brands saw strength in its Beer Business, maintained flat revenue, and improved comparable EPS. Restructuring efforts and divestitures are expected to streamline operations moving forward.

Constellation Brands reported a slight decrease in net sales and operating income, but net income increased by 21%. The Beer Business achieved its 59th consecutive quarter of depletion volume growth, while the Wine and Spirits Business completed the divestiture of SVEDKA. The company updated its fiscal 2025 outlook with reduced growth expectations for net sales and operating income, lowered reported EPS guidance, and increased operating cash flow and free cash flow targets.

Constellation Brands reported a mixed Q2 2025, with strong performance in the beer business offsetting challenges in wine and spirits. The company achieved its net leverage ratio target and returned ~$250 million to shareholders through share repurchases. Overall sales increased by 3%, driven by beer, while the company faced a net loss due to a goodwill impairment in the wine and spirits segment.

Constellation Brands reported a 6% increase in net sales and a 23% increase in operating income. The beer business achieved strong high single-digit net sales growth and double-digit operating income growth. The wine and spirits business is implementing actions to improve net sales and operating income.

Constellation Brands reported a solid Q4 performance, driven by the beer business's continued growth momentum and strategic initiatives in the wine and spirits segment. The company achieved significant increases in net sales and operating income, reflecting strong demand for its high-end beer brands and effective cost management.

Constellation Brands reported a net sales increase of 1% and a comparable EPS of $3.19, driven by the strong performance of its Beer Business, particularly the Modelo brand family. The company has raised its fiscal year 2024 operating cash flow target to $2.6 - $2.8 billion and free cash flow projection to $1.4 - $1.5 billion.

Constellation Brands reported a strong second quarter in fiscal year 2024, driven by the Beer Business. The company achieved reported EPS of $3.74 and comparable EPS of $3.70. The Beer Business experienced double-digit growth in net sales and operating income, while the Wine and Spirits Business delivered strong relative performance.

Constellation Brands reported a mixed Q1 FY24, with strong double-digit net sales growth in the beer business offsetting declines in wine and spirits. The company's beer business was driven by the Modelo brand family, while the wine and spirits business outperformed the higher-end wine category. Overall, the company reaffirmed its fiscal year 2024 EPS and cash flow outlook.

Constellation Brands reported Q4 net sales of $1.998 billion, a 5% decrease compared to the previous year. Reported EPS was $1.21, while comparable EPS was $1.98, a 16% decrease. The Beer Business experienced a slight sales decline but maintained strong depletion growth, while the Wine and Spirits Business saw sales decline but improved operating margins.

Constellation Brands reported a 5% increase in net sales, driven by the beer business which continued to outperform the market. The wine and spirits business also delivered strong relative performance. The company updated its fiscal 2023 comparable basis EPS outlook to $11.00 - $11.20 and increased its free cash flow projection to $1.5 - $1.6 billion.

Constellation Brands reported a strong Q2 fiscal 2023, with the beer business driving double-digit net sales and operating income growth. The wine and spirits business also contributed with net sales growth. The company updated its fiscal 2023 EPS outlook and affirmed its operating cash flow and free cash flow targets.

Constellation Brands reported a strong first quarter for fiscal year 2023, with the beer business achieving double-digit net sales and operating income growth. The wine and spirits business also delivered net sales and depletion growth. The company generated $758 million of operating cash flow and $562 million of free cash flow.

Constellation Brands reported an 8% increase in net sales and a 21% increase in operating income for Q4 2022. The Beer Business was a key driver, with strong depletion growth and operating margin performance.

Constellation Brands reported a decrease in net sales by 5% and an increase in operating income by 7%. The beer business delivered solid growth, while the wine and spirits business achieved strong margin expansion. EPS was $2.48 on a reported basis and $3.12 on a comparable basis.

Constellation Brands reported a net sales increase of 5% and a comparable EPS of $2.38. The Beer Business delivered double-digit net sales growth, while the Wine and Spirits Business showed strong organic net sales growth. The company updated its fiscal 2022 EPS outlook and affirmed its operating cash flow and free cash flow targets.

Constellation Brands reported a mixed performance in Q1 2022. The beer business delivered double-digit growth in depletion volume, net sales, and operating income. The wine and spirits business experienced a decline in net sales and operating income, though certain brands performed well. The company generated strong operating and free cash flow, and resumed share repurchase activity. EPS on a reported basis was $(4.74), and comparable EPS was $2.33.

Constellation Brands reported a 3% increase in reported net sales and a 3% increase in reported EPS for Q4 2021. The beer business delivered strong shipment and depletion volume growth. The wine and spirits business continued to execute its growth and premiumization transformation.

Constellation Brands reported a strong third quarter in fiscal year 2021, with beer depletion growth accelerating to 12%. The company generated $2.4 billion in operating cash flow and $1.9 billion in free cash flow. Despite COVID-related headwinds, comparable basis EPS excluding Canopy Growth equity losses increased by 32%.

Constellation Brands reported solid Q2 results with beer depletions increasing almost 5%. The company generated strong cash flow, reduced debt, and continued to invest in brands and capabilities.

Constellation Brands reported net sales of $1.963 billion and a net loss attributable to CBI of $(177.9) million, or $(0.94) per share. Comparable EPS was $2.30, or $2.44) excluding Canopy Growth equity losses. The company generated $687 million in operating cash flow and $542 million in free cash flow. Beer depletions remained strong, with production in Mexico returning to normal levels. The wine & spirits premiumization strategy gained momentum.

Constellation Brands reported a 6% increase in net sales for Q4 2020, reaching $1.903 billion. The beer business delivered strong growth, while the wine & spirits segment saw premiumization gains. EPS was $2.04, and comparable EPS was $2.06. The company is navigating the challenging operating environment presented by COVID-19.

Constellation Brands delivered a strong Q3 performance, powered largely by its beer business. The company is increasing its EPS and cash flow guidance for the year. The Wine & Spirits transformation strategy is gaining traction.