CONSTELLATION BRANDS, INC. is expected to release its Q3 2026 10-Q filing on October 5, 2026, before market open. Last quarter: STZ delivered strong Q1 FY2027 results with net income surging 26.7% YoY to $653.8M, driven by a 390 bps gross margin expansion to 54.3% and significant cost discipline, even as revenue dipped 3.3% to $2.43B.
EPS Estimate
$3.66
Revenue Estimate
$2.57B
Analyst consensus from Finnhub. Actual results posted within minutes of the SEC filing on the STZ page.
Drawn from management commentary in the Q2 2026 10-Q:
Revenue fell 3.3% YoY to $2.43B in Q1 FY2027, but gross profit rose 4.3% to $1.32B as cost of revenue dropped 10.9% to $1.11B, pushing gross margin from 50.4% to 54.3% — a meaningful improvement in profitability quality.
Operating income jumped 18.4% YoY to $845.3M, with operating margin expanding 640 bps to 34.7%. SG&A expenses declined 8.7% to $457.0M, reflecting disciplined cost management that amplified the impact of gross margin gains.
Net income grew 26.7% YoY to $653.8M, with net margin reaching 26.9%. This outpaced both revenue and operating income growth rates, suggesting favorable below-the-line items such as reduced interest expense consistent with the $992M reduction in long-term debt.
Revenue
$2.43B
-3.27% YoY
Gross Margin
54.3%
++3.92% YoY
Operating Income
$845.3M
++18.42% YoY
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