Categories AlphaGraphs, Consumer, Earnings

Constellation Brands (NYSE: STZ) Q2 2021 earnings: Infographic

Constellation Brands (NYSE: STZ) reported second-quarter 2021 financial results before the opening bell on Thursday. The company reported a 4% dip in Q2 sales to $2.26 billion, beating the Wall Street consensus. Earnings of $2.62 per share were also stronger than what analysts had anticipated.

STZ shares fell modestly immediately following the announcement. The stock has traded flat since the beginning of this year.

Constellation Brands Q2 2021 earnings

Looking forward to listening to management/ analyst comments on Q2 results? Stay tuned here for Constellation Brands Q2 2021 earnings call transcript

CFO Garth Hankinson said,” We continue to generate strong financial results despite headwinds related to COVID-19. Double-digit free cash flow growth has enabled ongoing debt reduction and progress in achieving our targeted leverage goal.”

Prior performance

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