Constellation Brands Reports Q2 Growth, Acquires SpikedAde and Raises EPS Outlook

Constellation Brands reported fiscal second-quarter net sales of $2.63 billion, up 6%, and reported EPS of $3.32, while comparable EPS rose 3% to $3.74; it updated fiscal 2027 reported EPS guidance to $11.85-$12.55 and reaffirmed comparable EPS guidance of $11.20-$11.90. On October 6, 2026, the company completed its acquisition of SpikedAde for $75 million upfront, with up to $278 million in contingent payments over five years, and declared dividends of $1.03 per Class A share and $0.93 per Class 1 Convertible share, payable November 13 to shareholders of record October 30.