STZ Q1 2024 Earnings — Constellation Brands, Inc. Revenue & Financial Results | Market Cap Arena

STZConstellation Brands, Inc.

$26B

Q1 2024 Earnings

Consumer Defensive Beverages - Wineries & Distilleries

Income Statement

Revenue

$2.5B+6.4% YoY

Gross Profit

$1.3B50.4% margin

Operating Income

$789M31.4% margin

Net Income

$136M5.4% margin

EPS (Diluted)

$0.74

QoQ Revenue Growth

+25.9%

Cash Flow

Operating Cash Flow

$665M

Free Cash Flow

$388M

Stock-Based Comp.

$15M

Balance Sheet

Total Assets

$24.8B

Total Liabilities

$15.9B

Stockholders' Equity

$8.6B

Cash & Equivalents

$193M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.5B	$2.4B	+6.4%
Gross Profit	$1.3B	$1.3B	-2.0%
Operating Income	$789M	$850M	-7.2%
Net Income	$136M	$390M	-65.1%

Revenue Segments

Beer

$2.1B83%

ConstellationWinesAndSpirits

$416M17%