Company profile

Ticker
STZ
Exchange
CEO
William A. Newlands
Employees
Incorporated in
Location
Fiscal year end
Industry (SEC)
Former names
Canandaigua Brands Inc, Canandaigua Wine Co Inc, Constellation Brands Inc
SEC CIK
IRS number
160716709

STZ stock data

(
)

Calendar

28 Jun 19
24 Aug 19
28 Feb 20

News

Company financial data Financial data

Quarter (USD) May 19 Feb 19 Nov 18 Aug 18
Revenue 2.28B 1.97B 2.16B 2.53B
Net income -245.4M 1.24B 303.1M 1.15B
Net profit margin -10.75% 62.98% 14.03% 45.51%
Operating income 622.7M 465.3M 556.5M 765M
Net change in cash 5.1M -37M -75.5M -3.9M
Cash on hand 98.7M 93.6M 130.6M 206.1M
Cost of revenue 1.07B 903.7M 1B 1.13B
Annual (USD) Feb 19 Feb 18 Feb 17 Feb 15
Revenue 8.88B 8.32B 8.05B
Net income 3.44B 2.3B 1.53B 839.3M
Net profit margin 38.67% 27.68% 18.99%
Operating income 2.41B 2.28B 2.39B 1.5B
Net change in cash 3.3M -87.1M 67.3M
Cash on hand 93.6M 90.3M 177.4M 110.1M
Cost of revenue 4.04B 3.77B 3.8B 3.45B

Financial data from company earnings reports

Financial report summary

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Risks
  • International operations, worldwide and domestic economic trends and financial market conditions, geopolitical uncertainty, or changes to international trade agreements and tariffs, import and excise duties, other taxes, or other governmental rules and regulations
  • Dependence on limited facilities for production of our Mexican beer brands, and expansion and construction issues
  • Operational disruptions or catastrophic loss to breweries, wineries, other production facilities or distribution systems
  • Supply of quality water, agricultural and other raw materials, certain raw materials and packaging materials purchased under short-term supply contracts, limited group of suppliers of glass bottles
  • Reliance on wholesale distributors, major retailers and government agencies
  • Reliance upon complex information systems and third party global networks, cyber-attacks, and design and implementation of our new global enterprise resource planning system (“ERP”)
  • Contamination and degradation of product quality from diseases, pests and weather conditions
  • Climate change and environmental regulatory compliance
  • Cannabis is currently illegal under U.S. federal law and in other jurisdictions; we do not control Canopy’s business or operations
  • Potential decline in the consumption of products we sell; dependence on sales of our Mexican beer brands
  • Acquisition, divestiture, investment, and new product development strategies
  • Sale of a portion of our wine and spirits business
  • Our Canopy investments are dependent upon an emerging market and legal sales of cannabis products
  • Dependence upon trademarks and proprietary rights, failure to protect our intellectual property rights
  • Intangible assets, such as goodwill and trademarks
  • Changes to tax laws, fluctuations in our effective tax rate, accounting for tax positions and the resolution of tax disputes, and changes to accounting standards, elections or assertions
  • Securities measured at fair value
  • Canopy’s Corporate Governance
  • Class action or other litigation relating to abuse of our products, the misuse of our products, product liability, or marketing or sales practices
  • Control by the Sands Family
Management Discussion
  • Management excludes items that affect comparability from its evaluation of the results of each operating segment as these Comparable Adjustments are not reflective of core operations of the segments. Segment operating performance and segment management compensation are evaluated based on core segment operating income (loss). As such, the performance measures for incentive compensation purposes for segment management do not include the impact of these Comparable Adjustments.
  • We recognized costs primarily in connection with losses on write-downs of excess inventory and contract terminations resulting from our ongoing efforts to optimize our portfolio, gain efficiencies, and reduce our cost structure within the Wine and Spirits segment.
  • Net gain (loss) on undesignated commodity derivative contracts represents a net gain (loss) from the changes in fair value of undesignated commodity derivative contracts. The net gain (loss) is reported outside of segment operating results until such time that the underlying exposure is recognized in the segment operating results. At settlement, the net gain (loss) from the changes in fair value of the
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
8th grade Good
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