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Constellation Brands, Inc.

Constellation Brands, Inc.

NYSE•STZ
CEO: Mr. William A. Newlands
Sector: Consumer Defensive
Industry: Beverages - Wineries & Distilleries
Listing Date: 1992-03-17
Constellation Brands, Inc., together with its subsidiaries, produces, imports, markets, and sells beer, wine, and spirits in the United States, Canada, Mexico, New Zealand, and Italy. The company provides beer primarily under the Corona Extra, Corona Familiar, Corona Hard Seltzer, Corona Light, Corona Non-Alcoholic, Corona Premier, Corona Refresca, Modelo Especial, Modelo Chelada, Modelo Negra, Modelo Oro, Victoria, Vicky Chamoy, and Pacifico brands. It also offers wine under the Cook's California Champagne, Kim Crawford, Meiomi, Mount Veeder, Ruffino, SIMI, My Favorite Neighbor, Robert Mondavi Winery, Schrader, and The Prisoner Wine Company brands; and spirits under the Casa Noble, Copper & Kings, High West, Mi CAMPO, Nelson's Green Brier, and SVEDKA brands. The company provides its products to wholesale distributors, retailers, on-premise locations, and state alcohol beverage control agencies. Constellation Brands, Inc. was founded in 1945 and is headquartered in Victor, New York.
Contact Information
Building 100, 207 High Point Drive, Victor, NY, 14564, United States
585-678-7100
www.cbrands.com
Market Cap
$27.96B
P/E (TTM)
25.3
21.9
Dividend Yield
2.5%
52W High
$196.91
52W Low
$126.45
52W Range
48%
Rank28Top 16.1%
5.3
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 5.3 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025

Financial Dashboard

Q3 2026 Data

Revenue

$2.22B-9.77%
4-Quarter Trend

EPS

$2.88-15.29%
4-Quarter Trend

FCF

$370.90M-18.80%
4-Quarter Trend

2026 Q3 Earnings Highlights

Key Highlights

Consolidated Sales Decline Net sales totaled $2.22B for the quarter, down 10%, primarily due to the 2025 Wine Divestitures impact.
Gross Margin Expansion Consolidated gross profit margin improved to 53.2% from 52.1%, driven by divestitures and favorable beer pricing.
Debt Reduction Achieved Total debt outstanding decreased 7% to $10.66B as of November 30, 2025, utilizing divestiture proceeds for repayment.
Beer Segment Stability Beer net sales were $2.01B, down only 1%, as pricing gains offset a 2.2% decline in shipment volumes.

Risk Factors

Wine and Spirits Portfolio Loss Wine and Spirits segment net sales dropped 51% to $213.1M following the completion of major brand divestitures.
Restructuring Cost Recognition Recognized $56.4M in pre-tax restructuring costs during the nine months ended November 30, 2025, for the initiative.
Tax Rate Volatility Effective tax rate for the quarter rose sharply to 17.4% compared to 6.6% in the prior year period.
Socioeconomic Demand Pressure Beer shipments trailed depletions as softer consumer demand trends continue to suppress overall net sales growth.

Outlook

Restructuring Savings Target 2025 Restructuring Initiative expects over $200M in net annualized cost savings to be fully realized by Fiscal 2028.
Beer Expansion Activities Focus remains on upholding U.S. high-end leadership and expanding capacity via ongoing Mexico Beer Projects.
Wine Portfolio Premiumization Wine and Spirits strategy focuses on exclusively higher-end brands to drive growth and improve margins beyond Fiscal 2026.
Capital Return Expectation Management currently expects to return $4.0B to stockholders via share repurchases between Fiscal 2026 through Fiscal 2028.

Peer Comparison

Revenue (TTM)

Bunge Global SABG
$60.11B
+10.3%
Tyson Foods, Inc.TSN
$55.13B
+2.8%
Dollar General CorporationDG
$42.12B
+4.9%

Gross Margin (Latest Quarter)

Constellation Brands, Inc.STZ
53.2%
+2.2pp
Church & Dwight Co., Inc.CHD
45.8%
+1.1pp
Coca-Cola FEMSA, S.A.B. de C.V.KOF
45.1%
-1.1pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
DG$32.59B25.516.3%52.0%
K$29.03B22.731.9%39.6%
STZ$27.96B25.315.1%49.2%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
0.9%
Moderate Growth
4Q Net Income CAGR
N/M
Profitability Shift
Cash Flow Stability
100%
Strong Cash Flow

Research & Insights

Next earnings:Apr 7, 2026
|
EPS:-
|
Revenue:-
Reports
All Years
  • Form 10-Q - Q3 2026

    Period End: Nov 30, 2025|Filed: Jan 8, 2026|
    Revenue: $2.22B-9.8%
    |
    EPS: $2.88-15.3%
    Beat
  • Form 10-Q - Q2 2026

    Period End: Aug 31, 2025|Filed: Oct 7, 2025|
    Revenue: $2.48B-15.0%
    |
    EPS: $2.65-140.2%
    Miss
  • Form 10-Q - Q1 2026

    Period End: May 31, 2025|Filed: Jul 2, 2025|
    Revenue: $2.51B-5.5%
    |
    EPS: $2.90-39.6%
    Miss
  • Form 10-K - FY 2025

    Period End: Feb 28, 2025|Filed: Apr 23, 2025|
    Revenue: $10.21B+2.5%
    |
    EPS: $-0.45-104.8%
    Miss
  • Form 10-Q - Q3 2025

    Period End: Nov 30, 2024|Filed: Jan 10, 2025|
    Revenue: $2.46B-0.3%
    |
    EPS: $3.40+22.7%
    Meet
  • Form 10-Q - Q2 2025

    Period End: Aug 31, 2024|Filed: Oct 3, 2024|
    Revenue: $2.92B+2.9%
    |
    EPS: $-6.59-275.3%
    Miss
  • Form 10-Q - Q1 2025

    Period End: May 31, 2024|Filed: Jul 3, 2024|
    Revenue: $2.66B+5.8%
    |
    EPS: $4.80+548.6%
    Beat
  • Form 10-K - FY 2024

    Period End: Feb 29, 2024|Filed: Apr 23, 2024|
    Revenue: $9.96B+5.4%
    |
    EPS: $9.42+2645.9%
    Beat