Constellation Brands, Inc. (NYSE: STZ) reported net sales of $2.22 billion for the third quarter of 2026, down 10% year-over-year. Organic net sales were down 2%.
Net income attributable to CBI decreased 18% to $503 million compared to last year.
Reported earnings per share decreased 15% to $2.88 while comparable EPS dropped 6% to $3.06 versus last year.
Revenue and earnings beat estimates.
Net sales in the Beer segment dipped 1% YoY to $2 billion. In the Wine and Spirits segment, net sales fell 51% to $213.1 million.
For fiscal year 2026, STZ expects organic sales to decline 4-6%. Reported EPS is expected to be $9.72-10.02 and comparable EPS is expected to be $11.30-11.60.
The post Infographic: How Constellation Brands (STZ) performed in Q3 2026 first appeared on AlphaStreet.
—
Blog powered by G6
Disclaimer! A guest author has made this post. G6 has not checked the post. its content and attachments and under no circumstances will G6 be held responsible or liable in any way for any claims, damages, losses, expenses, costs or liabilities whatsoever (including, without limitation, any direct or indirect damages for loss of profits, business interruption or loss of information) resulting or arising directly or indirectly from your use of or inability to use this website or any websites linked to it, or from your reliance on the information and material on this website, even if the G6 has been advised of the possibility of such damages in advance.
For any inquiries, please contact [email protected]
