Constellation Brands: 14% increase in Q2 EPS

(CercleFinance.com) - Constellation Brands reports Q2 2024-25 EPS that is up 14% to $4.
32, with operating profit up 12% (on a comparable basis) to $1.09bn.

The alcoholic beverages group reported sales up 3% to $2.92bn, with 6% growth for its beers offsetting a 12% fall for its wines and spirits.

For FY 2024-25, Constellation Brands confirms its target range (adjusted a month ago) of comparable EPS of $13.60 to $13.80, as well as its free cash flow projection of $1.4bn to $1.5bn.


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