STZ Q2 2023 Earnings — Constellation Brands, Inc. Revenue & Financial Results | Market Cap Arena

STZConstellation Brands, Inc.

$26B

Q2 2023 Earnings

Consumer Defensive Beverages - Wineries & Distilleries

Income Statement

Revenue

$2.7B+12.0% YoY

Gross Profit

$1.4B51.3% margin

Operating Income

$860M32.4% margin

Net Income

-$1.2B-43.3% margin

EPS (Diluted)

$-6.17

QoQ Revenue Growth

+12.3%

Cash Flow

Operating Cash Flow

$896M

Free Cash Flow

$658M

Stock-Based Comp.

$21M

Balance Sheet

Total Assets

$24.3B

Total Liabilities

$14.6B

Stockholders' Equity

$9.4B

Cash & Equivalents

$165M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.7B	$2.4B	+12.0%
Gross Profit	$1.4B	$1.2B	+11.7%
Operating Income	$860M	$718M	+19.8%
Net Income	-$1.2B	$2M	-76846.7%

Revenue Segments

Beer

$2.1B81%

ConstellationWinesAndSpirits

$516M19%