Constellation Brands reports Q4 EPS $1.16 vs. ($2.09) last year

Reports Q4 revenue $2.05B, consensus $1.88B. CEO Bill Newlands states: “Despite the dynamic operating environment in fiscal 2026, we remained focused on the factors within our control and executed with discipline. That execution enabled our Beer Business to continue to be the #1 dollar share gainer across U.S. tracked channels, and our remaining portfolio in our Wine & Spirits Business to deliver depletion growth during the year. As we look ahead to fiscal 2027, we expect consumers will “In fiscal 2026 we exceeded our free cash flow expectations and deployed that cash in line with our capital allocation priorities. We maintained our investment grade rating, held comparable net leverage at our ~3.0x target, returned more than $1.6 billion to shareholders through our dividend and share repurchase program, and continued to invest in modular brewing capacity to continue to navigate a shifting macroeconomic environment, but we remain encouraged by the momentum we saw in the fourth quarter. Our strategic priorities continue to be clear, and our best-in-class organization is energized and committed to delivering solid results.”