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Corona Beer Maker Talks Tariff Impact, Issues Conservative Outlook

Constellation Brands Inc (NYSE:STZ) reported fourth-quarter earnings on Wednesday. Its net sales grew 1% year over year (Y/Y) to $2.16 billion, beating the analyst consensus estimate of $2.13 billion.

Net sales for the Beer segment remained flat Y/Y at $1.70 billion, and Wine and Spirits rose 11% Y/Y to $459.8 million. Shipment volume for Beer fell 1.8% Y/Y, while Wine and Spirits rose 3.5% Y/Y.

Gross profit increased 7% year over year to $1.11 billion. The company reported an operating loss of $(150.3) million compared to operating income of $629.4 million in the same quarter a year ago.

The operating margin for the quarter was (6.9)% vs. 29.4% in the prior-year quarter.

Adjusted EPS of $2.63 beat the analyst consensus estimate of $2.28.

The company generated an operating cash flow of $3.2 billion in FY25, a 13% year-over-year increase, and a free cash flow of $1.9 billion, a 28% year-over-year growth.

Constellation Brands ended the quarter with $68.1 million in cash and equivalents as of February 28.

As of the end of fiscal 2025, Constellation Brands had around 48 million hectoliters of production capacity across its facilities in Mexico.

Dividend: Constellation's board declared a quarterly cash dividend of $1.02 per share, an increase of 1%, payable on May 15, to stockholders of record on April ...

https://www.benzinga.com/25/04/44737067/constellation-brands-q4-beat-guidance-reflects-tariff-impact-announces-4b-buyback-amid-cautious-fy26-outlook