Constellation Manufacturers, Inc. (NYSE: STZ) on Monday introduced monetary outcomes for the second quarter of fiscal 2026, reporting a decline in gross sales and adjusted earnings.
Second-quarter web gross sales declined 15.5% year-over-year to $2.65 billion, reflecting decrease gross sales within the Wine & Spirits and Beer companies. For fiscal 2026, the corporate expects enterprise natural web gross sales to say no 4-6% YoY.
On an adjusted foundation, second-quarter earnings declined to $3.63 per share from $4.32 per share within the prior-year quarter. On a reported foundation, web earnings was $466 million or $2.65 per share in Q2, in comparison with a lack of $1.20 billion or $6.59 per share in Q2 2025.
