星座品牌Constellation Brands（STZ）2026财年第三季度业绩报告「NYSE」（英文版）（17页）.pdf

1、Advances Strategic Priorities Amid Continued Challenging Operating EnvironmentBeer Business Continues To Gain Dollar and Volume Share Across U.S.Tracked ChannelsReturns$220 Million in Share RepurchasesNetSalesOrganicNet SalesOperatingIncome(Loss)Net Income(Loss)Attributable to CBIAdjustedEarnings Be

2、foreInterest&TaxesDiluted Net Income(Loss)per ShareAttributable to CBI(EPS)Third Quarter Fiscal Year 2026 Financial Highlights(1)|In millions,except per share dataReported$2,223$2,223$692$503$716$2.88%Change(10%)(10%)(13%)(18%)(8%)(15%)Comparable$2,223$2,223$739$534$762$3.06%Change(10%)(2%)0%(10%)(8

3、%)(6%)(1)Definitions of reported,comparable,adjusted,and organic as well as reconciliations of non-GAAP financial measures,are contained elsewhere in this news release.Comparable,adjusted,and organic amounts are non-GAAP financial measures.HIGHLIGHTS Generates reported EPS of$2.88 and comparable EPS

4、 of$3.06 Beer Business continues to outperform the industry,exceeding total beverage alcohol by nearly half a percentage point and the beer category by approximately 1 percentage point in year-over-year Circana U.S.tracked channels for both dollar and volume sales Wine and Spirits Business continues

5、 to outpace the corresponding higher-end wine segment in both dollar and volume sales performance in Circana U.S.tracked channels Generates year-to-date operating cash flow of$2.1 billion and free cash flow of$1.45 billion Updates fiscal 2026 reported EPS outlook to$9.72-$10.02,and affirms comparabl

6、e EPS outlook of$11.30-$11.60,operating cash flow target of$2.5-$2.6billion,and free cash flow target of$1.3-$1.4 billion Repurchases$824 million of shares year-to-date through December 2025 Declares quarterly cash dividend of$1.02 per share of ClassA Common Stock“The operating environment during th