Form 10-Q · Quarterly report

Constellation Brands 10-Q, filed Oct 7, 2026

Filed
CIK
0000016918
Accession no.
0000016918-26-000040
AI-generated summary

Summary

Constellation Brands filed its quarterly report for the period ended August 31, 2026, stating that commercial production at its Veracruz Brewery is now expected to begin at the start of Fiscal 2028, and that tariffs, including on aluminum, negatively affected Fiscal 2026 results and are expected to weigh on Fiscal 2027.

Key points

  • Constellation Brands reported results for the three and six months ended August 31, 2026, and August 31, 2025.
  • The company said it is the second-largest beer company in the U.S. and that Modelo Especial is the top beer brand by dollar sales in the U.S.
  • Commercial production at the Veracruz Brewery is now expected to commence at the beginning of Fiscal 2028.
  • In April 2026, the U.S. government removed beer made from malt from the scope of the Section 232 aluminum tariffs.

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

From the filing

ITEM 2. MANAGEMENT’S DISCUSSION Overview This section provides a general description of our business, which we believe is important in understanding the results of our operations, financial condition, and potential future trends. Strategy This section provides a description of our strategy, including our 2025 Restructuring Initiative, and a discussion of a recent development and certain acquisitions, divestitures, and investments. Results of operations This section provides an analysis of our results of operations presented on a business segment basis for the three months ended August 31, 2026, and August 31, 2025, and six months ended August 31, 2026, and August 31, 2025. …

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

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