Constellation Brands Q4 sales decrease by 11.3% year-on-year, full-year profit guidance below expectations

Golden Ten Data, April 9th — Beverage industry giant Constellation Brands announced its fourth quarter results for fiscal year 2026, with sales dropping 11.3% year-on-year to $1.92 billion, surpassing analysts’ average expectations of $1.864 billion; adjusted earnings per share reached $1.9, also beating the expected $1.71. Looking ahead to fiscal year 2027, Constellation Brands expects adjusted earnings per share to be between $11.2 and $11.9, while analysts had forecast $12.37; the company expects organic beer sales this year to grow by 1% to decline by 1%, below the market expectation of a 2.2% increase. The company added that although this guidance represents an improvement over the previous fiscal year, popular brands such as Modelo and Corona are still finding it hard to avoid the overall downward trend.