Form 8-K · Current report

Constellation Brands 8-K, filed Oct 6, 2026

Filed
CIK
0000016918
Accession no.
0000016918-26-000039
AI-generated summary

Summary

Constellation Brands reported second-quarter fiscal 2027 results with reported EPS of $3.32 and comparable EPS of $3.74, net sales up 6% to $2,633 million, and updated its fiscal 2027 reported EPS outlook to $11.85–$12.55 while reaffirming comparable EPS guidance of $11.20–$11.90. The company said it completed the acquisition of SpikedAde, a spirit-based ready-to-drink brand, for $75 million at close plus up to $278 million in contingent consideration, and its board declared quarterly dividends of $1.03 per Class A share and $0.93 per Class 1 Convertible share.

Key points

  • Reported EPS of $3.32 and comparable EPS of $3.74 on net sales of $2,633 million, up 6%, for the second fiscal quarter ended August 31, 2026.
  • Beer business net sales rose 5% with depletions down 0.6%, while Wine and Spirits net sales rose 17% with depletions up 10.2%.
  • Fiscal 2027 reported EPS outlook was updated to $11.85–$12.55 and the comparable EPS outlook of $11.20–$11.90 was reaffirmed.
  • The board declared a quarterly dividend of $1.03 per Class A share and $0.93 per Class 1 Convertible share, payable November 13, 2026.

Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.

Items reported

  • 2.02Results of Operations and Financial Condition
  • 7.01Regulation FD Disclosure
  • 9.01Financial Statements and Exhibits

From the filing

Item 2.02 Results of Operations and Financial Condition. On October 6, 2026, Constellation Brands, Inc. (“Constellation” or the “Company”), a Delaware corporation, issued a news release (the “release”) announcing its financial condition and results of operations as of and for the second fiscal quarter ended August 31, 2026. A copy of the release is attached hereto as Exhibit 99.1 and incorporated herein by reference. The projections constituting the guidance included in the release involve risks and uncertainties, the outcome of which cannot be foreseen at this time; therefore, actual results may vary materially from these forecasts. …

An excerpt of the text as filed with the SEC, cut for length.

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