Flash FinanceUS
Pre-market S&P 5007,376.86+0.31% Nasdaq24,579.42+1.09% Dow 3051,285.73-0.46% Russell 20002,754.11+0.89% Nasdaq-10026,989.99+1.35% MidCap 4003,602.50+0.56% SmallCap 6001,673.98+0.05% VIX25.64-9.01% 10Y Yield4.86+0.45% Close of Nov 06, 2026
AI brief of an SEC Form 8-K · Constellation Brands (STZ)

Constellation Brands Q3 sales fall 10%; reported EPS $2.88, down from $3.39

Negative Impact 3 of 5 earnings Written later

Constellation Brands reported third-quarter fiscal 2026 results for the quarter ended November 30, 2025, with net sales of $2.2 billion, down 10% from a year earlier, and reported diluted EPS of $2.88 versus $3.39. The company updated its fiscal 2026 reported EPS outlook to $9.72 to $10.02 and affirmed its comparable EPS outlook of $11.30 to $11.60, and it declared a quarterly dividend of $1.02 per Class A share.

Key points

  • Net sales were $2,222.8 million, down 10% from $2,463.8 million; Beer net sales fell 1% and Wine and Spirits net sales fell 51%, partly reflecting divestitures.
  • Reported EPS was $2.88 and comparable EPS was $3.06; reported operating income fell 13% to $692.0 million.
  • Fiscal 2026 reported EPS outlook was updated to $9.72 to $10.02; comparable EPS outlook of $11.30 to $11.60 was affirmed.
  • The company repurchased $824 million of shares year-to-date through December 2025 and declared a $1.02 dividend payable February 12, 2026, to holders of record as of January 29, 2026.

The filing

CompanyConstellation Brands (STZ)
Form8-K, current report
Filed with the SECJan 7, 2026, 4:06 PM ET
Accession number0000016918-26-000002

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 2:07 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on January 07, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.