The strong beat and raised guidance suggest continued momentum. Traders should watch the company's ability to maintain its investment-grade rating while returning capital, and monitor the success of its modular brewery expansions.
Price Chart
Executive Summary
Constellation Brands reported strong fiscal 2026 results with $11.82 comparable EPS, exceeding guidance, and issued a positive outlook for fiscal 2027 while withdrawing the 2028 forecast. The company returned over $1.6 billion to shareholders through dividends and buybacks.
Key Financial Metrics
Key Facts
- Generated $11.82 comparable EPS for fiscal 2026, exceeding the $11.20-$11.90 guidance range
- Beer business led the category in dollar share gains, with Q4 depletions growing 0.6%
- Wine & Spirits business delivered 8.3% depletion growth in Q4
- Returned $1.6 billion to shareholders via dividends and share repurchases
- Issued fiscal 2027 EPS outlook of $11.20-$11.90 and free cash flow target of $1.6-$1.7 billion
Financial Impact
Generated $11.82 comparable EPS for fiscal 2026, exceeding guidance, and $2.7 billion in operating cash flow
Risk Factors
- Withdrew fiscal 2028 outlook, indicating uncertainty beyond 2027
- Operating environment remains dynamic and challenging
- Dependence on sales of Mexican beer brands
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0000016918-26-000008 |
| Document: stz-20260408.htm | 0000016918-26-000008 |
| Document: 0000016918-26-000008-index-headers.html | 0000016918-26-000008 |
| Document: 0000016918-26-000008-index.html | 0000016918-26-000008 |
| Document: 0000016918-26-000008.txt | 0000016918-26-000008 |
| 8-K Data (Synthetic) | 0000016918-26-000008 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 10, 2026 22d ago | Press Release | $122.45 $118.97 | ▼ −2.84% | ▼ −2.62% | $112.87 (−7.82%) |
Jun 30, 2026 13w ago | 8-K | $136.88 $131.76 | ▼ −3.74% | ▼ −4.00% | $112.87 (−17.54%) |
Jun 30, 2026 13w ago | Press Release | $136.88 $131.76 | ▲ +3.74% | ▲ +4.00% | $112.87 (+17.54%) |
May 21, 2026 19w ago | 8-K | $150.75 $138.74 | ▼ −7.97% | ▼ −9.82% | $112.87 (−25.13%) |
May 6, 2026 21w ago | 8-K | $150.10 $140.52 | ▼ −6.38% | ▼ −7.89% | $112.87 (−24.80%) |
May 4, 2026 21w ago | Press Release | $149.74 $142.44 | ▼ −4.87% | ▼ −6.86% | $112.87 (−24.62%) |
Apr 8, 2026 25w ago | 8-K | $162.81 $163.45 | ▲ +0.39% | ▼ −2.79% | $112.87 (−30.67%) |
Apr 8, 2026 25w ago | Press Release | $162.81 $163.45 | ▲ +0.39% | ▼ −2.79% | $112.87 (−30.67%) |
Mar 19, 2026 28w ago | Press Release | $149.59 $151.26 | ▲ +1.12% | ▲ +3.27% | $112.87 (−24.55%) |
US Market Status
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