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- Jun 30, 202690% CONFIDENCEfrom the source
Constellation Brands Reports Q1 Fiscal 2027 Results as Beer Depletions Slip
- Enterprise net sales fell 3% to $2,433 million after the 2025 wine divestitures took $142 million of prior-year sales out of the comparison, while organic net sales grew 3%; comparable EPS rose 7% to $3.43 and reported EPS was $3.79[1][4]
- The beer business grew net sales 2% to $2,283.5 million on 1.8% higher shipments, with a 39.0% operating margin[4]
- Beer depletions slipped 0.3%: Modelo Especial fell about 2% and Corona Extra more than 5%, while Pacifico rose about 21%, Victoria 14% and the Modelo Chelada brands 6%[4]
- Constellation said a strong March gave way to softer April and May as US gas prices rose more than 50% and lower-income households turned value-conscious, in Hispanic and general-market areas alike[2]
- It kept fiscal 2027 guidance of beer net sales between -1% and +1% and comparable EPS of $11.20-$11.90, and said it is building its third Mexican brewery at Veracruz[4]
- Adjusted EPS beat the $3.19 analysts expected[3]
References 486% CONFIDENCE
The first entry is always the pin's source. Overall confidence is a weighted average of how firmly each reference supports the start and end times used above; a reference counts half as much for every 180 days older than the newest.
- [1]90%ir.cbrands.com/news-events/press-releases/detail/341/constellation-brands-reports-first-quarter-fiscal-2027-financial-resultsir.cbrands.com· Posted Sep 27, 2026· Starts Jun 30, 2026 ✓· 27% of score
The release is stamped 'June 30, 2026 4:05 pm EDT' and datelined 'ROCHESTER, N.Y., June 30, 2026 (GLOBE NEWSWIRE)'.
- [2]85%Earnings Recap: Constellation Brands First Quarter Fiscal Year 2027 Resultscbrands.com· Added Sep 27, 2026· 27% of score
Constellation's own recap: a strong March was followed by softer April and May volumes, in markets with larger Hispanic populations and general-market zip codes alike, with US gas prices up more than 50% during the quarter.[1]
- [3]80%Constellation Brands Q1 fiscal 2027 earnings: Revenue falls 3.3% - Yahoo Financefinance.yahoo.com· Added Sep 27, 2026· 27% of score
Independent report: net sales down 3.3% to $2.43 billion and adjusted EPS of $3.43 against analyst expectations of $3.19.[1]
- [4]90%Constellation Brands Q1 FY 2027 Earnings Release and Financial Tables (PDF)d1io3yog0oux5.cloudfront.net· Published Jun 30, 2026· 19% of score
The full release: net sales $2,433 million (-3%), comparable EPS $3.43; beer net sales $2,283.5 million (+2%), shipments +1.8%, depletions -0.3%, beer operating margin 39.0%; FY27 guidance of beer net sales -1% to +1% and comparable EPS $11.20-$11.90.[1]
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