Constellation Brands(STZ)

Search documents
STZ Q4 Earnings & Sales Beat, Stock Dips 3.6% on Cautious FY26 View
ZACKS· 2025-04-10 17:15
Constellation Brands, Inc. (STZ) has reported fourth-quarter fiscal 2025 results, wherein the top and bottom lines beat the Zacks Consensus Estimate. The company’s sales and earnings improved year over year. Despite softer consumer demand in fiscal 2025, the company achieved another year of Enterprise net sales growth, significant improvement in comparable operating margin and double-digit growth in comparable EPS.The company remains focused on driving distribution gains, pursuing disciplined innovation and ...
Trump's immigration policy is weighing on beer sales, Constellation Brands CEO says
CNBC· 2025-04-10 16:44
Bottles of Corona beer, the flagship brand of Grupo Modelo are displayed in this illustration taken in Monterrey, Mexico, February 18, 2025.President Donald Trump's tariffs aren't the only presidential policy that is weighing on Constellation Brands.Along with tariffs on Mexican imports, his hardline immigration stance is also hurting the company's beer sales as Hispanic consumers in the U.S. spend less, Constellation CEO Bill Newlands told analysts on the company's conference call on Thursday.Roughly half ...
Constellation Brands(STZ) - 2025 Q4 - Earnings Call Presentation
2025-04-10 15:30
FY25 FINANCIAL RESULTS & FY26 TO FY28 OUTLOOK April 9, 2025 FORWARD-LOOKING STATEMENTS This presentation, including the oral statements made in the live conference call in connection herewith, contain forward-looking statements that are based on certain assumptions, estimates, expectations, plans, analyses, and opinions made by management in light of their experience and perception of historical trends, current conditions, and expected future developments, as well as other factors management believes are ap ...
The Gross Law Firm Reminds Constellation Brands, Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of April 21, 2025 - STZ
Prnewswire· 2025-04-10 09:45
NEW YORK, April 10, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Constellation Brands, Inc. (NYSE: STZ).Shareholders who purchased shares of STZ during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/constellation-brands-inc-loss-submission-form/?id=141933&from=4CLASS PERIOD: Apri ...
Modelo owner Constellation Brands outlook disappoints as tariffs weigh on forecast
CNBC· 2025-04-09 21:08
Case of Modelo, a beer imported from Mexico, are seen for sale at a grocery store in Arlington, Virginia, February 3, 2025, following the announcement of tariffs by US President Donald Trump on important goods from Canada and Mexico.Constellation Brands on Wednesday gave a weaker-than-expected outlook for its fiscal 2026 and slashed its medium-term forecast as it faces higher U.S. tariffs on most of its beer.The Modelo owner also topped Wall Street's estimates for its fiscal 2025 fourth-quarter earnings and ...
Constellation Brands(STZ) - 2025 Q4 - Annual Results
2025-04-09 20:55
Financial Performance - Reported net sales for FY25 were $10.2 billion, reflecting a 2% increase compared to FY24, while organic net sales also grew by 3%[22]. - The beer segment achieved a net sales growth of 9% in FY25, with operating income increasing by 10% to $3.4 billion[18][25]. - Wine and spirits segment reported a decline in net sales of 7% to $1.67 billion, with operating income decreasing by 18% to $325 million[18][21]. - Consolidated net sales for the year ended February 28, 2025, increased by 2% to $10,208.7 million, up from $9,961.8 million in the previous year[102]. - Organic net sales for the year ended February 28, 2025, rose by 3% to $10,208.7 million, compared to $9,939.2 million for the year ended February 29, 2024[102]. - Beer net sales for the year ended February 28, 2025, increased by 5% to $8,539.8 million, while Wine and Spirits net sales decreased by 7% to $1,668.9 million[102]. - Net income for the year ended February 28, 2025, was a loss of $31.1 million, compared to a net income of $1,765.2 million for the year ended February 29, 2024[97]. - The company reported a net loss attributable to Constellation Brands, Inc. of $375.3 million for the three months ended February 28, 2025, compared to a net income of $392.4 million for the same period in 2024[95]. Cash Flow and Capital Expenditures - Expected operating cash flow of approximately $9 billion from FY26 to FY28, with free cash flow projected between $6 billion to $7 billion[14]. - Operating cash flow for FY25 was $3.2 billion, representing a 28% increase compared to FY24[21]. - Capital expenditures for FY25 were $992 million, with expectations of approximately $1 billion in cumulative CAPEX for FY26 to FY28[33]. - Total capital expenditures from FY26 to FY28 are expected to be around $2.4 billion, with approximately $2 billion allocated to the Beer Business[66]. Strategic Initiatives and Cost Savings - Enterprise-wide restructuring actions are expected to yield over $200 million in net annualized cost savings by FY28[14]. - The company anticipates over $100 million in net annualized cost savings across COGS, Marketing, and SG&A by FY28, including approximately $55 million in FY26[58]. - The company delivered approximately $220 million in cost savings through supply chain efficiencies, resulting in a 180 basis point increase in beer business operating margin to 39.7%[21]. - Significant cash generation and returns to shareholders expected, with a compelling growth outlook beyond FY26[13]. Market Growth and Segment Performance - Beer segment anticipated to achieve 2% to 4% net sales growth and operating margins of 39% to 40% in FY27 and FY28, driven by distribution gains and marketing investments[14]. - Wine and Spirits segment expected to deliver up to 3% net sales growth and operating margins of 22% to 24% in FY27 and FY28, following the 2025 Wine Divestitures Transaction projected to generate around $900 million in proceeds[14]. - The company is the only large-scale entity to be a Top 10 growth leader for 12 consecutive years, holding the 1 position for 6 of the last 8 years[14]. - Modelo Especial contributed over 40% of Core Beer Brands POD growth from FY23 to FY25 and is expected to contribute over 30% from FY25 to FY28[40]. - Pacifico was the second largest POD growth driver among Core Beer Brands from FY23 to FY25, contributing over 20% of uplift and is expected to contribute over 30% from FY25 to FY28[40]. Shareholder Returns and Dividends - Committed to a disciplined capital allocation strategy, including share repurchases against a $4 billion authorization approved in April 2025[14]. - A new total 3-year $4 billion share repurchase authorization has been established to enhance returns[65]. - The company reported a cash dividend declared per common share of $1.01 for the three months ended February 28, 2025, compared to $0.89 in the prior year[95]. - The company plans to maintain a net leverage ratio of around 3.0x and a dividend payout ratio of approximately 30% from FY26 to FY28[31]. Future Projections - The company expects low single-digit CAGR for consolidated net sales from FY26 to FY28, with an operating margin target of approximately 34-35%[30]. - The company expects to maintain best-in-class operating margins of approximately 39% to 40% in FY26-FY28[52]. - The forecasted EPS (GAAP) for the year ending February 28, 2026, is projected to be between $12.33 and $12.63, with a comparable EPS (Non-GAAP) forecasted between $12.60 and $12.90[138]. - Free cash flow (Non-GAAP) guidance for the year ending February 28, 2026, is estimated to be between $1,500 million and $1,600 million[141].
Constellation Brands Reports Fiscal Year and Fourth Quarter 2025 Financial Results and Fiscal Year 2026 to Fiscal Year 2028 Outlook
GlobeNewswire· 2025-04-09 20:35
ROCHESTER, N.Y., April 09, 2025 (GLOBE NEWSWIRE) -- Constellation Brands, Inc. (NYSE: STZ), a leading beverage alcohol company, reported today its fiscal year and fourth quarter 2025 financial results and fiscal year 2026 to fiscal year 2028 outlook. A conference call to discuss the financial results and outlook will be hosted by President and Chief Executive Officer, Bill Newlands, and Chief Financial Officer, Garth Hankinson, on Thursday, April 10, 2025 at 10:30 a.m. ET. Visit ir.cbrands.com to locate inf ...
Constellation Brands Repositions Wine and Spirits Business to a Portfolio of Exclusively Higher-Growth, Higher-Margin Brands Aligned to Consumer-Led Premiumization Trends
Newsfilter· 2025-04-09 20:30
Signs agreement with The Wine Group to divest1 primarily mainstream wine brands and related facilities from its wine and spirits portfolioRetained portfolio for Constellation includes a collection of award-winning, iconic brands, predominantly priced $15 and above and in growing segments and channels ROCHESTER, N.Y., April 09, 2025 (GLOBE NEWSWIRE) -- Constellation Brands, Inc. (NYSE:STZ), a leading beverage alcohol company, announced today that it has signed an agreement with The Wine Group to divest prima ...
Constellation Brands Gears Up For Q4 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
Benzinga· 2025-04-09 16:06
Constellation Brands, Inc. STZ will release earnings results for the fourth quarter, after the closing bell on Wednesday, April 9.Analysts expect the company to report quarterly earnings at $2.28 per share, up from $2.26 per share in the year-ago period. Constellation Brands projects to report quarterly revenue at $2.13 billion, compared to $2.14 billion a year earlier, according to data from Benzinga Pro.On Feb. 18, Constellation Brands announced the departure of E. Yuri Hermida, Executive Vice President, ...
Constellation Brands, Inc. Sued for Securities Law Violations - Investors Should Contact Levi & Korsinsky Before April 21, 2025 to Discuss Your Rights - STZ
Prnewswire· 2025-04-08 09:45
NEW YORK, April 8, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Constellation Brands, Inc. ("Constellation" or the "Company") (NYSE: STZ) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Constellation investors who were adversely affected by alleged securities fraud between April 11, 2024 and January 8, 2025. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/pslra-1/constellation-b ...