星座品牌Constellation Brands（STZ）2026财年第一季度业绩报告「NYSE」（英文版）（17页）.pdf

1、Company Continues to Proactively Address Consumer Demand Headwinds Largely Driven By the Current Socioeconomic Environment Through Consistent Execution of Strategic ObjectivesBeer Business Continues to Deliver Leading Share Gains in Category Across U.S.Tracked Channels as Incremental Marketing Inves

2、tments Support Strong Brand HealthWine and Spirits Business Fully Focused on Higher-End Brands With Higher-Growth and Higher-Margins Following the Wine Divestiture Transaction That Closed in JuneCompany Returns Over$300 Million to Shareholders in Share Repurchases While Continuing to Advance Broader

3、 Disciplined and Balanced Capital Allocation PrioritiesNetSalesOrganicNet SalesOperatingIncome(Loss)Net Income(Loss)Attributable to CBIAdjustedEarnings BeforeInterest&TaxesDiluted Net Income(Loss)per ShareAttributable to CBI(EPS)First Quarter Fiscal Year 2026 Financial Highlights(1)|In millions,exce

4、pt per share dataReported$2,515$2,515$714$516$710$2.90%Change(6%)(6%)(24%)(41%)(31%)(39%)Comparable$2,515$2,515$810$573$806$3.22%Change(6%)(4%)(11%)(12%)(13%)(10%)(1)Definitions of reported,comparable,adjusted,and organic as well as reconciliations of non-GAAP financial measures,are contained elsewh

5、ere in this news release.Comparable,adjusted,and organic amounts are non-GAAP financial measures.HIGHLIGHTS Generates reported EPS of$2.90 and comparable EPS of$3.22 Beer Business continues to outperform,outpacing the total beverage alcohol category by over 2 percentage points in year-over-year doll

6、ar sales in Circana U.S tracked channels Wine and Spirits Business completes previously announced divestiture of the primarily mainstream wine brands and associated inventory,facilities,and vineyards in June Generates operating cash flow of$637 million,an 8%decrease,and free cash flow of$444 million