Constellation Brands (STZ) Q4 2026 Earnings
CNBC • • business
Key Points:
- Constellation Brands withdrew its fiscal 2028 outlook due to weaker demand amid a rapidly changing macroeconomic environment, despite positive momentum in Q4 across its beer, wine, and spirits segments.
- The company reported Q4 earnings of $1.90 per share and revenue of $1.92 billion, both exceeding Wall Street expectations, and posted a net income of $224.7 million compared to a loss the previous year.
- Fiscal 2026 net sales decreased by 3%, with the beer business remaining a key growth driver, while overall demand across alcohol categories was subdued due to more deliberate consumer spending amid economic uncertainty.
- For fiscal 2027, Constellation Brands projects adjusted EPS between $11.20 and $11.90, below analyst estimates of $12.36, reflecting ongoing cautious consumer behavior.
- Nicholas Fink has been appointed as the new CEO effective April 13, as the company navigates a dynamic and uncertain operating environment.
