Constellation Q2 FY27 comparable EPS $3.74 (+3%); buys SpikedAde for $75M plus up to $278M earnout

CONSTELLATION BRANDS, INC.

Q2 FY27 (ended Aug 31, 2026) reported net sales $2,633M (+6% YoY), reported operating income $805M (-8%), reported EPS $3.32 (+25%); comparable EPS $3.74 (+3%).
Comparable operating income $897M (+1%) on 6% net sales growth; beer business accelerated category-leading share gains across U.S. tracked channels.
Acquired SpikedAde, a spirit-based ready-to-drink brand in the sports-drink-inspired 'Ade' segment, for $75M at close for 100% ownership plus up to $278M contingent consideration over five years.
Board declared quarterly dividend of $1.03 per Class A share and $0.93 per Class 1 Convertible share, payable Nov 13, 2026 to holders of record Oct 30, 2026.
Returned an additional $400M to shareholders through share repurchases and dividends; spirit-based RTD category dollar sales rose 25% in the last year.

This headline and bullets were generated automatically by deepseek-v4.1-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.