Constellation Brands, Inc. (STZ) Q1 2026 Earnings Call Transcript

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Q1: 2025-07-01 Earnings Summary

Insights
EPS of $3.22 misses by $0.07
 | Revenue of $2.52B (-5.52% Y/Y) misses by $40.81M

Constellation Brands, Inc. (NYSE:STZ) Q1 2026 Earnings Conference Call July 2, 2025 10:30 AM ET

Company Participants

Garth Hankinson - Executive VP & CFO
Joseph Suarez - Senior VP of Investor Relations
William A. Newlands - President, CEO & Director

Conference Call Participants

Andrea Faria Teixeira - JPMorgan Chase & Co, Research Division
Bonnie Lee Herzog - Goldman Sachs Group, Inc., Research Division
Christopher Michael Carey - Wells Fargo Securities, LLC, Research Division
Dara Warren Mohsenian - Morgan Stanley, Research Division
Filippo Falorni - Citigroup Inc., Research Division
Kaumil S. Gajrawala - Jefferies LLC, Research Division
Lauren Rae Lieberman - Barclays Bank PLC, Research Division
Peter Thomas Galbo - BofA Securities, Research Division
Sunil Harshad Modi - RBC Capital Markets, Research Division

Operator

Greetings, and welcome to the Constellation Brands Q1 Fiscal Year 2026 Earnings Conference Call and Webcast. [Operator Instructions] As a reminder, this conference is being recorded.

It's now my pleasure to introduce your host, Joseph Suarez, Vice President, Investor Relations. Please go ahead, sir.

Joseph Suarez

Thank you, Kevin. Good morning all, and welcome to Constellation Brands Q1 Fiscal '26 Conference Call. I'm here this morning with Bill Newlands, our CEO; Garth Hankinson, our CFO, and Blair Veenema, our new Vice President of Investor Relations, who will assume leadership of the function after today. Blair brings great expertise to the role. He began his career as a buy-side equity analyst and has worked across our corporate development, treasury and beer commercial finance teams for the last 10 years. I will work closely with Blair over the coming weeks to ensure a seamless transition of the function.

We trust you had the opportunity to review the news release, CEO and CFO commentary, accompanying quarterly slides and a recently updated annual brand appendix slides made available in the Investors section of

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