Constellation Brands Q2 2021 Earnings Report

Generated reported basis EPS of $2.62 and comparable basis EPS of $2.76, including Canopy Growth equity losses of $0.15; excluding Canopy Growth equity losses, achieved comparable basis EPS of $2.91.

Beer depletion growth remained strong; current production in Mexico maintained at normal levels.

Wine & Spirits Business delivered strong margin performance and double-digit Power Brand growth in IRI channels.

Generated $1.4 billion of operating cash flow and $1.2 billion of free cash flow, an increase of 2% and 10%, respectively.