Constellation Brands, Inc. (STZ)

The company now

Constellation Brands reported second-quarter fiscal 2027 net sales of $2,633 million, up 6 percent 1. Reported operating income fell 8 percent to $805 million, while comparable operating income, which leaves out items the company calls one-off, rose 1 percent to $897 million 1.

Beer, the main business, grew net sales 5 percent on a 5.5 percent rise in shipments to distributors, but depletions, the sales from distributors on to stores and bars, fell 0.6 percent 1. Modelo Especial slipped about 2 percent and Corona Extra about 5 percent, while Pacifico grew about 19 percent 1.

The smaller wine and spirits business grew net sales 17 percent and moved to an operating profit of $6.1 million from a loss of $19.8 million 1. The company credited tariff recoveries and savings from its restructuring 1.

After the quarter closed, the company bought SpikedAde, a vodka-based ready-to-drink brand, paying $75 million at close for all of it, with up to $278 million more over five years if the brand performs 4. It also raised the top of its reported full-year earnings outlook while keeping its comparable outlook 1.

As of Nov 3, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.