Constellation Brands, Inc. · NYSE:STZ
Constellation Brands — Q1 2027 Earnings Presentation
11 slides from Constellation Brands's earnings presentation, Jul 1, 2026
Slide 1: First Quarter Fiscal Year 2027 Financial Results
FIRST QUARTER FISCAL YEAR 2027 FINANCIAL RESULTS CEO & CFO COMMENTARY 1 of 11
Slide 2: Use Of Non-GAAP Financial Measures, Conference Call Information, and Other Disclaimers
CONSTELLATION BRANDS Q1 FY27 FINANCIAL RESULTS CEO & CFO COMMENTARY Use Of Non-GAAP Financial Measures, Conference Call Information, and Location of Defined Terms and Other Disclaimers Please view this commentary in conjunction with our earnings release for our first quarter fiscal 2027 that can be
Slide 3: Forward-Looking Statements (continued)
CONSTELLATION BRANDS Q1 FY27 FINANCIAL RESULTS CEO & CFO COMMENTARY sustaining, and accelerating growth rates for certain brands and exploring white spaces, consumer choice and understanding, use and accelerated deployment of data, digital capabilities, AI, advanced analytics, and technology, abilit
Slide 4: Forward-Looking Statements risk factors (continued)
CONSTELLATION BRANDS Q1 FY27 FINANCIAL RESULTS CEO & CFO COMMENTARY • water, agricultural and other raw material, and packaging material supply, production, and/or transportation difficulties, disruptions, and impacts, including limited groups of certain suppliers; • reliance on complex information
Slide 5: Overarching Commentary from the CEO
CONSTELLATION BRANDS Q1 FY27 FINANCIAL RESULTS CEO & CFO COMMENTARY Overarching Commentary from the CEO During my first two and a half months as CEO I have spent time traveling to various markets in the U.S. meeting with our distributors, retail partners, employees, shareholders, and the investment
Slide 6: Overarching Commentary from the CEO (continued)
CONSTELLATION BRANDS Q1 FY27 FINANCIAL RESULTS CEO & CFO COMMENTARY participation is limited and thoughtfully pursuing them within our existing disciplined and balanced capital allocation and margin framework. We have a strong portfolio with significant scale, but there are still growing occasions a
Slide 7: Beer Business Results
CONSTELLATION BRANDS Q1 FY27 FINANCIAL RESULTS CEO & CFO COMMENTARY gaining brands across the total beer category and continued to be the #1 high-end beer supplier in the U.S. by dollar sales. In relation to performance for our core beer brands: • Modelo Especial maintained its position as the #1 br
Slide 8: Wine & Spirits and Enterprise Results
CONSTELLATION BRANDS Q1 FY27 FINANCIAL RESULTS CEO & CFO COMMENTARY While the quarter resulted in a slight operating loss, operating margin improved 140 basis points to (0.7)% as growth in organic shipment volumes and favorability from lower marketing and other SG&A spend was partially offset by the
Slide 9: Fiscal 2027 Outlook
CONSTELLATION BRANDS Q1 FY27 FINANCIAL RESULTS CEO & CFO COMMENTARY • Operating margins in our Wine & Spirits Business are expected to be between 5% and 6%. Enterprise • We expect organic net sales to range from down approximately 1% to up approximately 1%, while comparable operating margin is expec
Slide 10: Defined Terms
CONSTELLATION BRANDS Q1 FY27 FINANCIAL RESULTS CEO & CFO COMMENTARY Defined Terms Unless the context otherwise requires, the terms “Company,” “CBI,” “STZ,” “we,” “our,” or “us” refer to Constellation Brands, Inc. and its subsidiaries. We use terms in this presentation that are specific to us or are
Slide 11: Defined Terms (continued)
CONSTELLATION BRANDS Q1 FY27 FINANCIAL RESULTS CEO & CFO COMMENTARY HL Hectoliters International Markets outside of the U.S. in which we sell our Wine and Spirits products markets Mainstream Includes wine that sells less than $11.00 per bottle at retail, sparkling wine and all other wine that sells