Constellation Brands FY2026 comparable EPS falls 14% to $11.82; FY2027 outlook issued
Constellation Brands reported fiscal 2026 results for the year ended February 28, 2026, with net sales of $9.14 billion, down 10%, and comparable EPS of $11.82, down 14%. It issued fiscal 2027 comparable EPS guidance of $11.20 to $11.90 and withdrew its fiscal 2028 outlook, citing a dynamic operating environment. The board also declared a $1.03 quarterly dividend per Class A share.
Key points
- Fiscal 2026 net sales were $9,139 million, down 10%; reported EPS was $9.61 versus a loss of $0.45 in fiscal 2025, and comparable EPS was $11.82, down 14%.
- Fiscal 2027 comparable EPS outlook is $11.20 to $11.90; reported EPS outlook is $11.10 to $11.80.
- The company repurchased $924 million of shares in fiscal 2026 and an additional $75 million in March; its fiscal 2028 outlook was withdrawn.
- Quarterly dividend of $1.03 per Class A share is payable May 14, 2026, to holders of record on April 29, 2026.
The filing
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 April 08, 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.