Last 7 days
1.9%
Last 30 days
-2.1%
Last 90 days
-5.5%
Trailing 12 Months
-3.4%
Income Statement (Last 12 Months) | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
Revenue | 1.2% | 10,298 | 10,181 | 9,882 | 9,529 | 9,381 |
Gross Profit | 0.0% | 4,940 | 4,939 | 4,843 | 4,707 | 4,568 |
S&GA Expenses | 5.3% | 1,888 | 1,794 | 1,772 | 1,711 | 1,703 |
EBITDA | 4.1% | 992 | 953 | 2,105 | 1,021 | - |
EBITDA Margin | 2.9% | 0.10* | 0.09* | 0.21* | 0.11* | - |
Earnings Before Taxes | 5.2% | 625 | 594 | 1,746 | 310 | 298 |
EBT Margin | 4.0% | 0.06* | 0.06* | 0.18* | 0.03* | 0.03* |
Interest Expenses | - | 369 | - | - | - | - |
Net Income | -3.0% | 101 | 105 | 1,257 | -40.40 | -52.90 |
Net Income Margin | -4.1% | 0.01* | 0.01* | 0.13* | 0.00* | -0.01* |
Free Cahsflow | -17.1% | 1,430 | 1,725 | 1,638 | 1,679 | 1,891 |
Balance Sheet | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
Assets | 0.7% | 24,463 | 24,281 | 25,841 | 25,856 | 25,527 |
Current Assets | -0.1% | 3,526 | 3,530 | 3,302 | 3,330 | 3,377 |
Cash Equivalents | 12.1% | 185 | 165 | 102 | 199 | 361 |
Inventory | 9.1% | 1,802 | 1,651 | 1,656 | 1,573 | 1,519 |
Net PPE | 4.6% | 6,524 | 6,234 | 6,163 | 6,060 | 5,519 |
Goodwill | 0.0% | 7,897 | 7,899 | 7,915 | 7,862 | 7,848 |
Liabilities | 8.1% | 15,746 | 14,570 | 14,283 | 13,808 | 13,981 |
Current Liabilities | 8.5% | 2,725 | 2,512 | 2,366 | 2,699 | 2,249 |
. Short Term Borrowings | 31.9% | 876 | 664 | 124 | 323 | 243 |
Long Term Debt | 7.5% | 10,853 | 10,094 | 10,090 | - | - |
LT Debt, Current | 26.3% | 10.00 | 8.00 | 575 | 605 | 6.00 |
LT Debt, Non Current | 9.8% | 11,287 | 10,279 | 10,278 | 9,488 | 10,084 |
Shareholder's Equity | -13.6% | 8,390 | 9,711 | 11,559 | 11,732 | 11,546 |
Retained Earnings | -8.8% | 12,268 | 13,448 | 14,746 | 14,505 | 14,252 |
Additional Paid-In Capital | 1.2% | 1,884 | 1,860 | 1,825 | 1,809 | 1,782 |
Cashflow (Last 12 Months) | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
Cashflow From Operations | -10.3% | 2,542 | 2,834 | 2,748 | 2,705 | 2,887 |
Share Based Compensation | 43.9% | 67.00 | 47.00 | 46.00 | 45.00 | 45.00 |
Cashflow From Investing | 11.9% | -1,008 | -1,144 | -1,146 | -1,035 | -118 |
Cashflow From Financing | -5.3% | -1,707 | -1,621 | -2,000 | -1,929 | -2,559 |
Dividend Payments | 0.8% | 584 | 579 | 576 | 573 | 574 |
Buy Backs | -5.8% | 1,401 | 1,486 | 1,997 | 1,391 | 1,391 |
37.7%
29.6%
18.5%
Y-axis is the maximum loss one would have experienced if Constellation Brands was unfortunately bought at previous high price.
17.7%
7.0%
1.3%
16.4%
FIve years rolling returns for Constellation Brands.
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-03-24 | PALISADE CAPITAL MANAGEMENT, LP | unchanged | - | 23,855 | 2,655,860 | 0.07% |
2023-03-23 | MetLife Investment Management, LLC | added | 0.09 | 96,481 | 9,773,130 | 0.08% |
2023-03-20 | Socha Financial Group, LLC | added | 0.36 | 3,098 | 256,000 | 0.18% |
2023-03-17 | American Portfolios Advisors | reduced | -7.38 | -157,048 | 1,643,290 | 0.07% |
2023-03-15 | B. Riley Wealth Advisors, Inc. | reduced | -48.05 | -1,906,020 | 2,098,980 | 0.06% |
2023-03-13 | Claro Advisors LLC | reduced | -5.59 | -19,601 | 297,399 | 0.10% |
2023-03-10 | VICTORY CAPITAL MANAGEMENT INC | reduced | -13.7 | -11,946,600 | 80,481,400 | 0.09% |
2023-03-06 | Rockefeller Capital Management L.P. | reduced | -0.2 | 213,000 | 30,663,000 | 0.15% |
2023-03-03 | TIAA, FSB | reduced | -10.96 | -46,863 | 414,137 | -% |
2023-03-02 | LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA | new | - | 464,659 | 464,659 | 0.01% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Feb 13, 2023 | capital world investors | 3.6% | 6,689,970 | SC 13G/A | |
Feb 09, 2023 | blackrock inc. | 6.1% | 11,165,311 | SC 13G/A | |
Feb 09, 2023 | vanguard group inc | 7.07% | 13,050,430 | SC 13G/A | |
Dec 02, 2022 | sands richard et al | 13.8% | 25,425,598 | SC 13D/A | |
Nov 16, 2022 | sands richard et al | 13.8% | 25,425,598 | SC 13D/A | |
Nov 14, 2022 | sands richard et al | 15.8% | 29,125,600 | SC 13D/A | |
Jul 01, 2022 | sands richard et al | 4.1% | 6,524,796 | SC 13D/A | |
Apr 04, 2022 | sands richard et al | 4.0% | 6,524,796 | SC 13D/A | |
Feb 11, 2022 | capital world investors | 5.4% | 8,826,374 | SC 13G | |
Feb 09, 2022 | vanguard group inc | 7.48% | 12,287,936 | SC 13G/A |
Date Filed | Form Type | Document | |
---|---|---|---|
Feb 23, 2023 | 8-K | Current Report | |
Feb 13, 2023 | SC 13G/A | Major Ownership Report | |
Feb 09, 2023 | SC 13G/A | Major Ownership Report | |
Feb 09, 2023 | SC 13G/A | Major Ownership Report | |
Feb 02, 2023 | 8-K | Current Report | |
Feb 01, 2023 | 8-K | Current Report | |
Feb 01, 2023 | 424B2 | Prospectus Filed | |
Jan 30, 2023 | FWP | Prospectus Filed | |
Jan 30, 2023 | 8-K | Current Report | |
Jan 30, 2023 | 424B3 | Prospectus Filed |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2022-11-30 | A&Z 2015 BUSINESS HOLDINGS LP | sold | - | - | -8,031,430 | - |
2022-11-30 | Carey Kaneenat Kristann | acquired | - | - | 978 | evp & chief hr officer |
2022-11-30 | Carey Kaneenat Kristann | sold | -245,292 | 250 | -978 | evp & chief hr officer |
2022-11-21 | Sabia James A. Jr. | acquired | - | - | 4,165 | evp & pres. beer |
2022-11-21 | Sabia James A. Jr. | sold | -1,042,230 | 250 | -4,165 | evp & pres. beer |
2022-11-14 | RHT 2015 BUSINESS HOLDINGS LP | sold | -239,060,000 | 239 | -1,000,000 | - |
2022-11-14 | SANDS RICHARD | sold | -884,522,000 | 239 | -3,700,000 | - |
2022-11-14 | RES Business Holdings LP | sold | -55,780,800 | 239 | -233,334 | - |
2022-11-14 | STERN ZACHARY M | sold | -294,840,000 | 239 | -1,233,330 | - |
2022-11-14 | RCT 2015 BUSINESS HOLDINGS LP | sold | -147,420,000 | 239 | -616,667 | - |
Consolidated Statements of Comprehensive Income (Loss) - USD ($) shares in Thousands, $ in Millions | 3 Months Ended | 9 Months Ended | ||
---|---|---|---|---|
Nov. 30, 2022 | Nov. 30, 2021 | Nov. 30, 2022 | Nov. 30, 2021 | |
Sales | $ 2,624.6 | $ 2,507.0 | $ 8,029.6 | $ 7,260.3 |
Excise taxes | (188.1) | (186.4) | (574.8) | (542.1) |
Net sales | 2,436.5 | 2,320.6 | 7,454.8 | 6,718.2 |
Cost of product sold | (1,209.6) | (1,094.9) | (3,647.0) | (3,143.5) |
Gross profit | 1,226.9 | 1,225.7 | 3,807.8 | 3,574.7 |
Selling, general, and administrative expenses | (480.2) | (385.8) | (1,431.6) | (1,254.6) |
Impairment of brewery construction in progress | 0.0 | 0.0 | 0.0 | (665.9) |
Operating income (loss) | 746.7 | 839.9 | 2,376.2 | 1,654.2 |
Income (loss) from unconsolidated investments | (37.2) | (171.8) | (1,944.2) | (1,541.8) |
Interest expense | (98.7) | (88.0) | (281.5) | (270.5) |
Loss on extinguishment of debt | 0.0 | 0.0 | (23.3) | (29.4) |
Income (loss) before income taxes | 610.8 | 580.1 | 127.2 | (187.5) |
(Provision for) benefit from income taxes | (131.1) | (99.3) | (388.9) | (217.1) |
Net income (loss) | 479.7 | 480.8 | (261.7) | (404.6) |
Net (income) loss attributable to noncontrolling interests | (12.0) | (10.0) | (32.3) | (31.2) |
Net income (loss) attributable to CBI | 467.7 | 470.8 | (294.0) | (435.8) |
Comprehensive income (loss) | 643.1 | 130.0 | (32.8) | (708.6) |
Comprehensive (income) loss attributable to noncontrolling interests | (20.9) | 8.1 | (49.4) | (14.8) |
Comprehensive income (loss) attributable to CBI | 622.2 | 138.1 | (82.2) | (723.4) |
Class A Stock | ||||
Net income (loss) attributable to CBI | $ 426.3 | $ 417.4 | $ (247.3) | $ (386.9) |
Net income (loss) per common share attributable to CBI: | ||||
Net income (loss) per common share attributable to CBI - basic (in dollars per share) | $ 2.58 | $ 2.53 | $ (1.48) | $ (2.31) |
Net income (loss) per common share attributable to CBI - diluted (in dollars per share) | $ 2.52 | $ 2.48 | $ (1.48) | $ (2.31) |
Weighted average common shares outstanding: | ||||
Weighted average common shares outstanding - basic (in shares) | 166,677 | 164,999 | 164,573 | 167,692 |
Weighted average common shares outstanding - diluted (in shares) | 185,291 | 189,939 | 164,573 | 167,692 |
Cash dividends declared per common share: | ||||
Cash dividends declared per common share (in dollars per share) | $ 0.80 | $ 0.76 | $ 2.40 | $ 2.28 |
Class B Stock | ||||
Net income (loss) attributable to CBI | $ 41.4 | $ 53.4 | $ (46.7) | $ (48.9) |
Net income (loss) per common share attributable to CBI: | ||||
Net income (loss) per common share attributable to CBI - basic (in dollars per share) | $ 1.78 | $ 2.30 | $ (2.01) | $ (2.10) |
Net income (loss) per common share attributable to CBI - diluted (in dollars per share) | $ 1.78 | $ 2.29 | $ (2.01) | $ (2.10) |
Weighted average common shares outstanding: | ||||
Weighted average common shares outstanding - basic (in shares) | 23,206 | 23,222 | 23,206 | 23,230 |
Weighted average common shares outstanding - diluted (in shares) | 23,206 | 23,222 | 23,206 | 23,230 |
Cash dividends declared per common share: | ||||
Cash dividends declared per common share (in dollars per share) | $ 0.72 | $ 0.69 | $ 2.16 | $ 2.07 |
Consolidated Balance Sheets - USD ($) $ in Millions | Nov. 30, 2022 | Feb. 28, 2022 |
---|---|---|
Current assets: | ||
Cash and cash equivalents | $ 185.0 | $ 199.4 |
Accounts receivable | 921.0 | 899.0 |
Inventories | 1,802.0 | 1,573.2 |
Prepaid expenses and other | 617.9 | 658.1 |
Total current assets | 3,525.9 | 3,329.7 |
Property, plant, and equipment | 6,523.8 | 6,059.6 |
Goodwill | 7,896.6 | 7,862.4 |
Intangible assets | 2,741.5 | 2,755.2 |
Equity method investments | 771.4 | 2,688.7 |
Securities measured at fair value | 95.0 | 191.4 |
Deferred income taxes | 2,241.7 | 2,351.5 |
Other assets | 667.1 | 617.3 |
Total assets | 24,463.0 | 25,855.8 |
Current liabilities: | ||
Short-term borrowings | 875.6 | 323.0 |
Current maturities of long-term debt | 9.6 | 605.3 |
Accounts payable | 1,008.1 | 899.2 |
Other accrued expenses and liabilities | 831.7 | 871.3 |
Total current liabilities | 2,725.0 | 2,698.8 |
Long-term debt, less current maturities | 11,287.1 | 9,488.2 |
Deferred income taxes and other liabilities | 1,734.2 | 1,621.0 |
Total liabilities | 15,746.3 | 13,808.0 |
Commitments and contingencies | ||
CBI stockholders’ equity: | ||
Additional paid-in capital | 1,883.6 | 1,808.9 |
Retained earnings | 12,267.8 | 14,505.4 |
Accumulated other comprehensive income (loss) | (200.9) | (412.7) |
Total stockholders’ equity before treasury stock adjustments | 13,952.6 | 15,903.8 |
Less: Treasury stock – | (5,563.1) | (4,171.9) |
Total CBI stockholders’ equity | 8,389.5 | 11,731.9 |
Noncontrolling interests | 327.2 | 315.9 |
Total stockholders’ equity | 8,716.7 | 12,047.8 |
Total liabilities and stockholders’ equity | 24,463.0 | 25,855.8 |
Class A Stock | ||
CBI stockholders’ equity: | ||
Common stock, value | 2.1 | 1.9 |
Less: Treasury stock – | $ (5,563.1) | $ (4,169.7) |
Treasury stock, at cost (in shares) | 28,175,566 | 22,824,607 |
Common stock, shares authorized (in shares) | 322,000,000 | 322,000,000 |
Common stock, par value (in dollars per share) | $ 0.01 | $ 0.01 |
Common stock, shares issued (in shares) | 212,667,148 | 187,263,859 |
Class B Stock | ||
CBI stockholders’ equity: | ||
Common stock, value | $ 0.0 | $ 0.3 |
Less: Treasury stock – | $ 0.0 | $ (2.2) |
Treasury stock, at cost (in shares) | 0 | 5,005,800 |
Common stock, shares authorized (in shares) | 0 | 30,000,000 |
Common stock, par value (in dollars per share) | $ 0.01 | |
Common stock, shares issued (in shares) | 0 | 28,212,340 |