Constellation Brands posts Q2 FY2027 earnings beat and announces SpikedAde acquisition
Constellation Brands reported fiscal second‑quarter 2027 revenue of $2.633 billion and adjusted earnings per share of $3.74, surpassing analyst forecasts. The company also disclosed a reported EPS of $3.32 and net income of $565.8 million. It acquired the ready‑to‑drink brand SpikedAde for an upfront $75 million with up to $278 million in contingent payments, and reaffirmed its full‑year comparable EPS guidance of $11.20‑$11.90.
Why it matters
The earnings beat and reaffirmed guidance suggest continued earnings momentum, which the company expects to sustain through the year. The SpikedAde deal expands Constellation’s presence in the fast‑growing RTD segment, potentially adding revenue and margin upside. Share repurchases of $530 million YTD indicate ongoing capital return to shareholders.
Key facts
- 1Revenue for Q2 FY2027 was $2.633 billion. scanx.trade
- 2Adjusted EPS for the quarter was $3.74. scanx.trade
- 3Reported EPS for the quarter was $3.32. marketscreener.com
- 4Net income for the quarter was $565.8 million. finance.yahoo.com
- 5SpikedAde acquisition included a $75 million upfront payment and up to $278 million contingent consideration. marketscreener.com
- 6Full‑year comparable EPS guidance was reaffirmed at $11.20‑$11.90. investing.com
Open questions
- Both reported EPS ($3.32) and adjusted EPS ($3.74) are presented; the material does not clarify which figure investors will focus on.
Summary written by AlphAI from 7 of 7 sources. Not investment advice. Figures are as stated by the linked sources.