earnings
confidence high
sentiment negative
materiality 0.75
Constellation Q3 comparable EPS $3.25 flat YoY; cuts FY2025 outlook, raises cash flow
CONSTELLATION BRANDS, INC.
- Q3 net sales $2.464B (flat YoY); reported diluted EPS $3.39 (+23%); comparable EPS $3.25 (flat).
- Fiscal 2025 outlook lowered: net sales and operating income growth reduced; reported and lower-end comparable EPS guidance cut.
- Beer business drove volume growth and pricing; incremental marketing investments and cost savings noted.
- Returned ~$220M to shareholders via share repurchases in Q3.
- Board declared $1.01/share Class A dividend and $0.91/share Class 1 Convertible dividend, payable Feb 21 to holders of record Feb 7.