Constellation Brands's results for fiscal Q2 2027 (ended Aug 31, 2026) come from the company's own earnings release, filed with the SEC on 2026-10-06. Everything below is taken from that filing; quotes are copied exactly. Company outlooks are the company's own.
At a glance
| Item | Value |
|---|---|
| Revenue (GAAP) | $2,633 million (+6.1% vs a year earlier) |
| Diluted EPS (GAAP) | $3.32 |
| Adjusted per-share figure (company's non-GAAP measure; FFO/AFFO for REITs) | $3.74 |
| Full-year guidance | Reaffirmed |
Guidance
Constellation reaffirmed fiscal 2027 comparable EPS of $11.20–$11.90 and cash flow targets, and updated reported EPS to $11.85–$12.55.
Why this label: 'Reaffirms comparable EPS outlook of $11.20 - $11.90'; reported EPS 'updates' with no prior range or direction.
| Metric | Period | New | Prior (as stated in the release) |
|---|---|---|---|
| comparable EPS | FY2027 | $11.20–11.90 | not stated |
| operating cash flow; free cash flow | FY2027 | OCF $2.4–2.5 billion; FCF $1.6–1.7 billion | not stated |
| reported EPS | FY2027 | $11.85–12.55 | not stated |
| enterprise organic net sales growth | FY2027 | (1)%–1% | not stated |
From the release
Revenue: "Net sales · 2,633.0 · 2,481.0"
Earnings per share: "Generates reported EPS of $3.32 and comparable EPS of $3.74"
comparable EPS: "reaffirms comparable EPS outlook of $11.20 - $11.90"
operating cash flow; free cash flow: "operating cash flow target of $2.4 - $2.5 billion, and free cash flow target of $1.6 - $1.7 billion"
reported EPS: "Updates fiscal 2027 reported EPS outlook to $11.85 - $12.55"
Quotes are copied from the filing; in table rows, cell borders are shown as “·”.
Key fact: Reaffirmed fiscal 2027 comparable EPS outlook of $11.20–$11.90; net sales up 6%.
Source
Constellation Brands earnings release (SEC filing), accession 0000016918-26-000039, filed 2026-10-06.
Part of the Q3 2026 Guidance Tracker. Educational only, not advice. Free weekly recap every Sunday: yieldterminalpro.com/newsletter.