Quarterly ResultJun 30, 2026, 04:13 PM
Constellation Brands Q1 Reported EPS $3.79, Declares $1.03 Dividend
AI Summary
Constellation Brands reported strong first-quarter fiscal 2027 results, with reported EPS increasing 31% to $3.79 and comparable EPS up 7% to $3.43. The company's Beer Business delivered 2% net sales and operating income growth, while the Wine and Spirits Business saw organic net sales increase by 8%, despite a reported decline due to divestitures. Constellation Brands also generated robust operating cash flow of $662 million and free cash flow of $485 million, and declared a quarterly cash dividend of $1.03 per Class A share. The company updated its fiscal 2027 reported EPS outlook and affirmed its comparable EPS and cash flow targets.
Key Highlights
- Reported EPS increased 31% to $3.79 for Q1 FY2027.
- Comparable EPS grew 7% to $3.43 for Q1 FY2027.
- Declared quarterly cash dividend of $1.03 per Class A Common Stock share.
- Beer Business net sales and operating income both grew 2%.
- Wine and Spirits organic net sales increased 8%.
- Generated operating cash flow of $662 million, up 4%.
- Free cash flow rose 9% to $485 million.
- Repurchased $324 million of shares year-to-date through June 2026.
- Affirmed FY2027 comparable EPS outlook of $11.20 - $11.90.
Price Impact
More from STZ