Constellation Brands, Inc.'s Stock Analysis

Constellation Brands Announces Leadership Changes and Quarterly Dividend

Constellation Brands has announced the retirement of James O. Bourdeau, Executive Vice President and Chief Legal Officer, effective February 28, 2026. He will be succeeded by Jeffrey H. LaBarge, currently Senior Vice President, Senior Legal Counsel, effective March 1, 2026. Bourdeau will transition to an Executive Vice President and Strategic Advisor role until March 1, 2027, with a new employment agreement that includes a base salary of $560,000 and an annual cash incentive target of 80% of his base salary.

Additionally, Constellation Brands' Board of Directors declared a quarterly cash dividend of $1.02 per share of Class A Common Stock and $0.92 per share of Class 1 Convertible Common Stock, payable on November 13, 2025, to stockholders of record as of October 30, 2025. The company also made amendments to its By-Laws to align with Delaware law and established new provisions regarding the management of stockholder meetings.

Oct 02, 2025 08:05:04

Constellation Brands Updates Fiscal 2026 Financial Outlook

On September 2, 2025, Constellation Brands, Inc. announced updates to its financial outlook for fiscal 2026, projecting earnings per share (EPS) guidance of $10.77 - $11.07 and comparable EPS guidance of $11.30 - $11.60. The company expects organic net sales to decline by 4% to 6%, while reported operating income is anticipated to grow significantly by 666% to 686%. However, beer net sales are projected to decline by 2% to 4%, and beer operating income is expected to decrease by 7% to 9%.

Constellation's President and CEO, Bill Newlands, noted the challenges posed by a volatile macroeconomic environment affecting consumer demand and purchasing behavior. Despite these difficulties, the company has managed to grow volume share in 49 of 50 states and remains focused on strategic objectives such as distribution gains and brand investments. The company has executed $604 million in share repurchases as part of a $4 billion share repurchase program, indicating a commitment to returning value to shareholders.

Sep 02, 2025 07:38:55

Constellation Brands Approves Executive Equity Grants and Director Elections

On July 15, 2025, Constellation Brands’ Human Resources Committee approved equity grants to Garth Hankinson, the Executive Vice President and Chief Financial Officer, consisting of 7,531 restricted stock units (RSUs) and 7,531 performance share units (PSUs). The RSUs will vest on May 1, 2028, contingent on his continued service, while the PSUs will depend on the company's performance metrics. Both grants include provisions for early vesting under certain conditions, including termination and change in control events.

During the same meeting, Constellation Brands held its Annual Meeting of Stockholders, where shareholders elected 12 directors for a one-year term, ratified the selection of KPMG LLP as the independent registered public accounting firm for the fiscal year ending February 28, 2026, and approved the compensation of the company’s named executive officers through an advisory vote.

Jul 17, 2025 16:32:37

Constellation Brands Reports Q1 FY 2026 Financial Results

Constellation Brands reported a decrease in net sales for the first quarter of fiscal year 2026, totaling $2.515 billion, a 6% decline compared to the previous year. The company's beer business continues to gain market share, outperforming the overall beverage alcohol category, while the wine and spirits segment experienced significant declines due to the recent divestiture of mainstream wine brands. The company generated an operating income of $714 million and a diluted net income per share of $2.90, with a comparable EPS of $3.22. The company also announced a quarterly cash dividend of $1.02 per share and returned over $300 million to shareholders through share repurchases in the first quarter.

Despite facing headwinds from softer consumer demand attributed to socioeconomic factors, Constellation Brands maintained its outlook for fiscal 2026, projecting reported EPS between $12.07 and $12.37, and comparable EPS between $12.60 and $12.90. The company expects operating cash flow to remain between $2.7 billion and $2.8 billion, with free cash flow projected at $1.5 billion to $1.6 billion. The beer segment anticipates net sales growth of 0-3%, while the wine and spirits segment expects a decline of 17-20% in organic net sales.

Jul 01, 2025 16:12:15

Constellation Brands Completes Wine Portfolio Divestiture Transaction

Constellation Brands has finalized its transaction with The Wine Group, divesting primarily mainstream wine brands and associated assets. The brands sold include Woodbridge, Meiomi, and Robert Mondavi Private Selection. Following this transaction, Constellation will focus on a portfolio of higher-end wines, predominantly priced at $15 and above, including well-known brands like Robert Mondavi Winery and Kim Crawford, along with its craft spirits portfolio featuring High West whiskey and Casa Noble tequila.

The company stated that this repositioning aligns with consumer trends towards premiumization, aiming to enhance performance in this segment. Constellation Brands confirmed that its fiscal year 2026 outlook and projections for fiscal years 2027 and 2028 remain unchanged following the completion of the transaction.

Jun 02, 2025 16:40:16

Company Files Financial Statements and Exhibits with SEC

The company has submitted its financial statements and exhibits as required by the Securities Exchange Act of 1934. Certain schedules and exhibits have been omitted in accordance with Item 601(a)(5) of Regulation S-K. This filing has been signed by Garth Hankinson, who is authorized to act on behalf of the company.

May 09, 2025 16:38:26

Constellation Brands Announces $500 Million Senior Notes Offering

Constellation Brands, Inc. has priced a public offering of $500 million in 4.800% Senior Notes due 2030 at a public offering price of 99.824% of the principal amount. The notes will rank equally with the company’s other senior unsecured debts and are expected to close on May 1, 2025, pending customary closing conditions.

The net proceeds from this offering will be utilized for general corporate purposes, which include repaying commercial paper and other debts, working capital, and funding capital expenditures. The company is known for its diverse portfolio in the beverage alcohol sector, which includes brands like Modelo Especial and Corona Extra.

Apr 29, 2025 17:06:24

Company Files Financial Statements and Exhibits with SEC

The company has submitted its financial statements and exhibits as required under the Securities Exchange Act of 1934. Certain schedules and exhibits have been omitted in accordance with regulatory guidelines.

The report has been officially signed by Garth Hankinson, who is authorized to act on behalf of the registrant. This filing is part of the company's compliance with SEC regulations.

Apr 28, 2025 17:08:58

Constellation Brands Announces New HR Chief Amid Leadership Change

Constellation Brands has appointed Paula Erickson as the new Chief Human Resources Officer, effective April 21, 2025. Erickson, who has extensive experience in the beverage alcohol industry, will oversee the company's HR functions and work closely with the outgoing HR Chief, Kris Carey, who will leave the company in May 2025. The leadership transition aims to maintain continuity in Constellation's people strategy, with the company expressing gratitude for Carey's contributions over nearly 12 years.

Erickson's previous role was at Beam Suntory Inc., where she played a key role in shaping the company's talent strategy during significant changes. The announcement highlights Constellation Brands' commitment to adapting to market conditions and investing in its workforce. The company emphasizes its dedication to sustainable practices and responsible consumption, aiming to support its growth and community initiatives while continuing to enhance its brand portfolio.

Apr 14, 2025 16:37:08

Constellation Brands Reports Fiscal 2025 Financial Metrics Changes

Constellation Brands reported a fiscal 2025 net sales increase of 2%, driven primarily by its Beer Business, which achieved a mid-single digit net sales growth and continued volume growth for the 15th consecutive year. The company generated strong operating cash flow of $3.2 billion, a 13% increase, and returned nearly $1.9 billion to shareholders through dividends and share repurchases. Additionally, the company announced a new $4 billion share repurchase authorization and declared a quarterly cash dividend of $1.02 per share, reflecting a 1% increase.

Conversely, the company faced challenges in its Wine and Spirits segment, which experienced a 6% decline in organic net sales, attributed to unfavorable U.S. wholesale conditions. The reported earnings per share (EPS) for fiscal 2025 was $(0.45), primarily impacted by a $3.3 billion impairment loss related to the Wine and Spirits Business. The operating margin for the Wine and Spirits segment decreased, and the company anticipates further declines in this area, projecting a significant drop in organic net sales for fiscal 2026.

Apr 09, 2025 16:55:35