Categories AlphaGraphs, Consumer, Earnings

STZ Infographic: Highlights of Constellation Brands’ Q3 2023 earnings

Constellation Brands, Inc. (NYSE: STZ) announced third-quarter 2023 earnings results on Thursday, reporting a 5% increase in net sales.

Comparable earnings, adjusted for one-off items, dropped to $2.83 per share in the third quarter from $3.12 per share last year. On an unadjusted basis, the company reported a profit of $467.7 million or $2.52 per share, compared to a net profit of $470.8 million or $2.48 per share in the prior-year period. At $2.44 billion, third-quarter net sales were up 5%.


Check this space to read management/analysts’ comments on Constellation Brands’ Q3 2023 earnings


“Our Beer Business continued to outperform the market as the top share gainer for the sixth consecutive quarter. Our Wine and Spirits Business further advanced its strategy with our largest higher-end brands delivering growth significantly above the category segments,” said Constellation Brands’ CEO Bill Newlands.

  • Constellation Brands Q2 2023 earnings infographic
  • Constellation-Brands-Q1-2023-Earnings-Infographic

Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!

Most Popular

Infographic: How Spotify (SPOT) performed in Q2 2024

Spotify Technology S.A. (NYSE: SPOT) reported its second quarter 2024 earnings results today. Total revenue increased 20% year-over-year to EUR3.8 billion. Net income attributable to owners of the parent was

Philip Morris (PM) Q2 2024 Earnings: Key financials and quarterly highlights

Philip Morris International Inc. (NYSE: PM) reported its second quarter 2024 earnings results today. Net revenues increased 5.6% year-over-year to $9.5 billion. On an organic basis, revenues grew 9.6%. Net

LMT Earnings: Highlights of Lockheed Martin’s Q2 2024 financial results

Lockheed Martin Corporation (NYSE: LMT) Tuesday reported a year-over-year increase in net sales for the second quarter of 2024. The management raised its fiscal 2024 guidance. The aerospace company reported

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top