Constellation Brands: Fiscal 2Q Earnings Snapshot
VICTOR, N.Y. (AP) _ Constellation Brands Inc. (STZ.B) on Thursday reported fiscal second-quarter net income of $512.1 million, after reporting a loss in the same period a year earlier.
The Victor, New York-based company said it had net income of $2.62 per share. Earnings, adjusted for non-recurring costs, came to $2.76 per share.
The wine, liquor and beer company posted revenue of $2.46 billion in the period. Its adjusted revenue was $2.26 billion.
Constellation Brands shares have declined slightly since the beginning of the year. The stock has decreased 11% in the last 12 months.