Constellation Brands, Inc. - Form 8-K Filing

Constellation Brands, Inc. reported its financial results for the fiscal year and fourth quarter ended February 28, 2026. The company announced its financial condition and results of operations, including non-GAAP financial measures such as "comparable," "adjusted," and "organic" measures, which management uses to monitor and evaluate core business trends. The company also declared a quarterly cash dividend of $1.03 per share for Class A Common Stock and $0.93 per share for Class 1 Convertible Common Stock, payable on May 14, 2026. The filing includes financial highlights such as net sales, operating income, net income, and EPS for both reported and comparable bases. The company provided an updated outlook for fiscal year 2027, projecting reported EPS between $11.10 - $11.80 and comparable EPS between $11.20 - $11.90. They also set targets for operating cash flow and free cash flow for fiscal year 2027. The report details performance in the Beer and Wine & Spirits segments, highlighting market share gains in the beer category and outperformance in the wine category. Financial statements, including condensed consolidated balance sheets, statements of operations, and cash flows for the years ended February 28, 2026, and February 28, 2025, are provided, along with reconciliations of GAAP to non-GAAP financial measures.