Constellation Brands, Inc. (NYSE: STZ) reported first quarter 2023 earnings results today.
Net sales increased 17% year-over-year to $2.3 billion.
Net income attributable to CBI was $390 million, or $2.06 per share, compared to a loss of $908 million, or $4.74 per share, last year. Comparable EPS rose 14% to $2.66.
For FY2023, the company expects reported EPS to be $10.50-10.80 and comparable EPS, excluding Canopy, to be $11.20-11.50.
Prior performance
