---
schema_version: "secwatch.filing_event.v1"
accession: "0000016918-26-000008"
form_type: "8-K"
ticker: "STZ"
cik: "0000016918"
company_name: "CONSTELLATION BRANDS, INC."
filed_at: "2026-04-08T23:59:59+00:00"
generated_at: "2026-05-15T06:53:59.662746+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "medium"
source: SEC EDGAR
---

# Constellation Brands FY2026 comparable EPS $11.82, down 14%; withdraws FY2028 outlook

## Summary
- FY2026 net sales $9.139B, down 4% comparable; comparable EPS $11.82, down 14% YoY.
- Q4 net sales $1.92B, flat comparable; Q4 comparable EPS $1.90, down 28% YoY.
- Returned over $1.6B to shareholders including $900M+ in share repurchases during FY2026.
- Declares quarterly dividend $1.03 per Class A share, $0.93 per Class 1 convertible, payable May 14.
- Withdraws FY2028 outlook and issues updated FY2027 guidance (specific numbers not included in this summary).

## SEC filing metadata
- accession: 0000016918-26-000008
- form_type: 8-K
- ticker: STZ
- cik: 0000016918
- company_name: CONSTELLATION BRANDS, INC.
- filed_at: 2026-04-08T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: medium
- sec_items: 2.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/16918/000001691826000008/0000016918-26-000008-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/16918/000001691826000008/stz-20260408.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000016918-26-000008
- JSON: https://secwatch.observer/filing/0000016918-26-000008.json
- Plain text: https://secwatch.observer/filing/0000016918-26-000008.txt

## Key facts
- Earnings Releases
  CONSTELLATION BRANDS, INC. reported Fourth quarter ended February 28, 2026 results: revenue $1,920 million, net income $202 million, EPS $1.16.
  - Period: Fourth quarter ended February 28, 2026
  - Revenue: $1,920 million
  - Net income: $202 million
  - EPS: $1.16
  - Result: reported results
  source text: Fourth Quarter Fiscal 2026 Financial Highlights (1) Reported $1,920 $1,920 $442 $202 $434 $1.16
  evidence_url: https://www.sec.gov/Archives/edgar/data/16918/000001691826000008/0000016918-26-000008-index.htm
- Earnings Releases
  CONSTELLATION BRANDS, INC. reported Fiscal year ended February 28, 2026 results: revenue $9,139 million, net income $1,687 million, EPS $9.61.
  - Period: Fiscal year ended February 28, 2026
  - Revenue: $9,139 million
  - Net income: $1,687 million
  - EPS: $9.61
  - Result: reported results
  source text: Fiscal 2026 Financial Highlights (1) | In millions, except per share data Reported $9,139 $9,139 $2,721 $1,687 $2,730 $9.61
  evidence_url: https://www.sec.gov/Archives/edgar/data/16918/000001691826000008/0000016918-26-000008-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.