Constellation Brands reports higher Q2 sales and EPS, buys SpikedAde

Constellation Brands reported fiscal second-quarter net sales of $2.63 billion, up 6% year over year, with reported EPS of $3.32 and comparable EPS of $3.74 for the quarter ended August 31, 2026. The company raised its fiscal 2027 reported EPS outlook to $11.85-$12.55 while maintaining its comparable EPS outlook of $11.20-$11.90, and acquired 100% of SpikedAde on October 6 for $75 million upfront plus up to $278 million in contingent payments over five years. Constellation also declared a quarterly dividend of $1.03 per Class A share, payable November 13 to shareholders of record October 30.