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Constellation Brands beats Q2 estimates with strong beer and wine sales, despite softer alcohol demand.

Company Fundamentals
07 Oct 2026
Proactive Investors
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Bullish
Constellation Brands beats Q2 estimates with strong beer and wine sales, despite softer alcohol demand.

Constellation Brands reported a 6% rise in net sales to $2.63 billion and a 3% increase in earnings per share to $3.74 for the quarter ending August 31. Strong beer sales, particularly from Pacifico, Victoria, and Modelo Chelada, helped offset weaker demand for Modelo Especial and Corona Extra. The wine and spirits division saw a 17% increase in net sales, driven by growth in its premium portfolio. The company returned over $800 million to shareholders through buybacks and dividends and reaffirmed its fiscal 2027 earnings forecast, though it lowered its operating margin outlook due to ongoing investments in marketing and growth initiatives.

Constellation Brands' recent quarterly results provide context for readers interested in consumer staples. For those following this sector, 26 of 51 priced US Consumer Staples stocks on Pluang rose while 20 fell. Notable movers include Herbalife Nutrition Ltd at USD 12.50 with a -0.64% change, Albertsons Companies Inc at USD 11.55 with a +0.61% change and a Pluang order activity of 79% Sell / 21% Buy, and McCormick & Company at USD 45.61 with a +0.46% change and 100% Sell order activity, as of Oct 07, 2026 16:51 WIB.

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