Constellation Brands, Inc.'s Stock Analysis

Constellation Brands Registers 21 Million Shares for Resale

On November 7, 2025, Constellation Brands, Inc. filed an automatic shelf registration statement with the Securities and Exchange Commission, covering an unspecified amount of its Class A Common Stock, debt securities, and other securities. This filing includes a prospectus supplement that registers the resale of up to 21,274,829 shares of Class A Common Stock by identified selling stockholders, with the company not receiving any proceeds from these sales.

The filing also includes a legal opinion regarding the validity of the shares covered by the Resale Prospectus Supplement. This information may be relevant for investors considering the stock's market dynamics, particularly related to the potential increase in available shares for trading.

Nov 07, 2025 16:20:35

Constellation Brands Issues $500 Million in Senior Notes

Constellation Brands, Inc. has terminated its $500 million delayed draw term loan credit agreement with Bank of America, effective October 21, 2025. The company had no outstanding borrowings under this agreement and incurred no early termination penalties.

On October 17, 2025, Constellation Brands issued $500 million in 4.950% Senior Notes due 2035. The notes were offered at a public price of 99.716% of the principal amount and will pay interest semi-annually starting May 1, 2026. The terms of the notes include customary covenants and events of default, which could allow for acceleration of payments under certain circumstances.

Oct 17, 2025 16:05:51

Constellation Brands Announces $500 Million Senior Notes Offering

Constellation Brands, Inc. has entered into an underwriting agreement to sell $500 million of 4.950% Senior Notes due 2035, priced at 99.716% of their principal amount. The closing of the purchase by the underwriters is set for October 17, 2025, subject to standard closing conditions.

The net proceeds from this offering are intended for general corporate purposes, including the redemption of all outstanding 4.400% Senior Notes due 2025, totaling $500 million. The company has filed the necessary documents with the Securities and Exchange Commission as part of its registration process for this offering.

Oct 16, 2025 17:05:24

Constellation Brands Prices $500 Million Senior Notes Offering

Constellation Brands, Inc. has announced the pricing of a public offering of $500 million in aggregate principal amount of 4.950% Senior Notes due 2035. The notes will be sold at a public offering price of 99.716% of the principal amount and are classified as senior obligations, ranking equally with the company’s other senior unsecured debt. The closing of the offering is anticipated to occur on October 17, 2025, contingent on customary closing conditions.

The proceeds from this offering are intended for general corporate purposes, which include the redemption of all outstanding 4.400% Senior Notes due 2025, also amounting to $500 million. BofA Securities, Inc., BBVA Securities Inc., J.P. Morgan Securities LLC, and Wells Fargo Securities, LLC are acting as joint book-running managers for the offering. The notes will be offered exclusively through a prospectus, and the company emphasizes that this announcement does not constitute an offer to sell or solicit offers to buy the notes.

Oct 15, 2025 17:06:30

Constellation Brands Reports Second Quarter Financial Results

On October 6, 2025, Constellation Brands, Inc. announced its financial condition and results of operations for the second fiscal quarter ending August 31, 2025. The company provided a news release detailing its performance, which is attached as an exhibit to the report. The release includes information on non-GAAP financial measures that the company uses to assess its operational performance and provide insight into business trends. These measures are intended to assist investors and analysts in evaluating year-over-year financial performance.

The release notes that the projections and guidance provided are subject to risks and uncertainties, meaning actual results may differ from forecasts. Constellation Brands has furnished this information under Regulation FD to meet public disclosure requirements. The report emphasizes that the financial data presented, including reconciliations of non-GAAP measures to GAAP measures, is crucial for understanding the underlying business trends and results.

Oct 06, 2025 16:08:27

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