earnings
confidence medium
sentiment negative
materiality 0.75
Constellation Brands Q2 comparable EPS $3.63 (-16% YoY); net sales $2.48B (-15%)
CONSTELLATION BRANDS, INC.
- Comparable net sales $2.48B, organic decline 8%; comparable EBIT $886M (-13% YoY).
- Comparable diluted EPS $3.63, down 16% YoY; reported EPS $2.65, up 140%.
- Beer category dollar share gains continue across U.S. tracked channels; $300M returned in share repurchases.