Constellation Brands reported net sales of $2,222.8 million for the Q3 ended November 30, 2025, down 10% from $2,463.8 million in the prior-year period, and operating income of $692.0 million, down 13%. Diluted EPS was $2.88.

1. 01

   Constellation Brands reported net sales of $2,222.8 million for the Q3 ended November 30, 2025, down 10% from $2,463.8 million in the prior-year period, and operating income of $692.0 million, down 13%. Diluted EPS was $2.88.

2. 02

   The company said Beer segment net sales declined 1% in the Q3, driven by a 2.2% decrease in shipment volumes, partially offset by favorable pricing. Beer operating margin was 38.0%, up 10 basis points. Depletions declined 3.0%.

3. 03

   Wine and Spirits net sales declined 51% to $213.1 million in the Q3, the company said, citing the impacts of the SVEDKA Divestiture and the 2025 Wine Divestitures among the factors. Organic net sales, excluding the divestitures, declined 7%.

4. 04

   Constellation Brands reported operating cash flow of $2,106.2 million for the 9 months and share repurchases of $824.1 million. The company declared a quarterly cash dividend of $1.02 per share of Class A Common Stock on January 7, 2026, payable on February 12, 2026.

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AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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