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Constellation Brands, Inc. (STZ) Q3 FY 2025 Earnings Breakdown
The Daily Earnings Reports Podcast
21 minutes 19 seconds
10 months ago
Constellation Brands, Inc. (STZ) Q3 FY 2025 Earnings Breakdown
Key Highlights
Net Sales:Nine Months 2025: $8,044.5 million, compared to $7,822.6 million in Nine Months 2024.
Third Quarter 2025: $2,463.8 million, compared to $2,470.9 million in Third Quarter 2024.
The Beer segment saw growth, while the Wine and Spirits segment experienced a decline in net sales.
Gross Profit:Nine Months 2025: $4,199.9 million, compared to $3,978.3 million in Nine Months 2024.
Third Quarter 2025: $1,284.3 million, compared to $1,270.6 million in Third Quarter 2024.
Operating Income (Loss):Nine Months 2025: $505.2 million, a significant decrease from $2,540.3 million in Nine Months 2024. This was significantly impacted by a $2.25 billion goodwill impairment.
Third Quarter 2025: $793.0 million, compared to $796.9 million in Third Quarter 2024.
Net Income (Loss) Attributable to CBI:Nine Months 2025: $293.9 million, down from $1,335.0 million in Nine Months 2024.
Third Quarter 2025: $615.9 million, compared to $509.1 million in Third Quarter 2024.
Cash Flow:Net cash provided by (used in) investing activities (1,098.2) million for the nine months ended November 30, 2024, compared to (929.9) million in 2023.
The company continues to use cash for stock repurchases.
Goodwill Impairment: A significant $2.25 billion goodwill impairment was recognized during the nine months ended November 30, 2024, impacting the consolidated financials.