earnings
confidence high
sentiment positive
materiality 0.90
Constellation Brands reports FY25 earnings beat, divests mainstream wine brands, $4B buyback
CONSTELLATION BRANDS, INC.
- FY25 comparable EPS $13.78 (up 11% YoY), net sales $10.2B (+2%); Q4 comparable EPS $2.63 (+14%).
- Enters agreement to divest mainstream wine brands (Woodbridge, Meiomi, etc.) to The Wine Group; expected close after Q1 FY26.
- Board authorizes new $4B share repurchase program through Feb 2028, replacing prior $2B authorization with ~$1.5B remaining.
- Quarterly dividend declared $1.02/share Class A, $0.92/share Class 1 convertible, payable May 15, 2025.
- Restructuring actions expected to deliver >$200M net annualized cost savings by FY28, majority completed in FY26.