Categories AlphaGraphs, Consumer, Earnings
STZ Earnings: Highlights of Constellation Brands’ Q1 2024 results
Constellation Brands, Inc. (NYSE: STZ) announced first-quarter 2024 earnings results on Friday, reporting a 6% increase in net sales.
Comparable earnings, adjusted for one-off items, increased to $2.91 per share in the first quarter from $2.66 per share last year. On an unadjusted basis, the company reported a profit of $135.9 million or $0.74 per share, compared to $389.5 million or $2.06 per share in the prior-year period. At $2.51 billion, first-quarter net sales were up 6%.
“Our Beer Business delivered double-digit net sales growth and continued to outperform the market as the top share gainer. Meanwhile, our higher-end Wine and Spirits Business outperformed the higher-end of the U.S. wine category and gained share in that segment,” said Constellation Brands’ CEO Bill Newlands.
Prior Performance
Most Popular
Infographic: How Deere & Company (DE) performed in Q2 2024
Deere & Company (NYSE: DE) reported second quarter 2024 earnings results today. Total net sales and revenues decreased 12% year-over-year to $15.2 billion. Net income was $2.37 billion, or $8.53
WMT Earnings: Key quarterly highlights from Walmart’s Q1 2025 financial results
Walmart Inc. (NYSE: WMT) reported its first quarter 2025 earnings results today. Consolidated revenue increased 6% year-over-year to $161.5 billion. Revenue growth on a constant currency basis was 5.8%. Consolidated
Home Depot (HD): A look at how the home improvement retailer fared in Q1 2024
Shares of Home Depot (NYSE: HD) rose over 2% on Wednesday. The stock has gained 19% over the past 12 months. The company delivered mixed results for the first quarter
