earnings
confidence high
sentiment positive
materiality 0.80
Constellation Brands Q2 FY2025: comparable EPS $4.32, +14%; Beer sales up mid-single digit
CONSTELLATION BRANDS, INC.
- Net sales $2,919M (+3% comparable); comparable operating income $1,090M (+13%).
- Reported GAAP net loss $(1,199)M, or $(6.59) diluted EPS due to impairment charges.
- Beer business delivered mid-single digit net sales growth with double-digit operating income growth.
- Achieved net leverage ratio target and returned ~$250M to shareholders via share repurchases.
- Comparable diluted EPS $4.32, up 14% YoY; comparable EBIT $1,093M.