Constellation Brands, Inc. (STZ) Q3 FY 2025 Earnings Breakdown

Key Highlights

• Net Sales:Nine Months 2025: $8,044.5 million, compared to $7,822.6 million in Nine Months 2024.
• Third Quarter 2025: $2,463.8 million, compared to $2,470.9 million in Third Quarter 2024.
• The Beer segment saw growth, while the Wine and Spirits segment experienced a decline in net sales.
• Gross Profit:Nine Months 2025: $4,199.9 million, compared to $3,978.3 million in Nine Months 2024.
• Third Quarter 2025: $1,284.3 million, compared to $1,270.6 million in Third Quarter 2024.
• Operating Income (Loss):Nine Months 2025: $505.2 million, a significant decrease from $2,540.3 million in Nine Months 2024. This was significantly impacted by a $2.25 billion goodwill impairment.
• Third Quarter 2025: $793.0 million, compared to $796.9 million in Third Quarter 2024.
• Net Income (Loss) Attributable to CBI:Nine Months 2025: $293.9 million, down from $1,335.0 million in Nine Months 2024.
• Third Quarter 2025: $615.9 million, compared to $509.1 million in Third Quarter 2024.
• Cash Flow:Net cash provided by (used in) investing activities (1,098.2) million for the nine months ended November 30, 2024, compared to (929.9) million in 2023.
• The company continues to use cash for stock repurchases.
• Goodwill Impairment: A significant $2.25 billion goodwill impairment was recognized during the nine months ended November 30, 2024, impacting the consolidated financials.