Infographic: Key highlights from Constellation Brands (STZ) Q1 2023 earnings results – AlphaStreet

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Constellation Brands, Inc. (NYSE: STZ) reported first quarter 2023 earnings results today.
Net sales increased 17% year-over-year to $2.3 billion.
Net income attributable to CBI was $390 million, or $2.06 per share, compared to a loss of $908 million, or $4.74 per share, last year. Comparable EPS rose 14% to $2.66.
For FY2023, the company expects reported EPS to be $10.50-10.80 and comparable EPS, excluding Canopy, to be $11.20-11.50.
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
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Shares of Constellation Brands Inc. (NYSE: STZ) were down 4% on Thursday despite the company beating expectations on its first quarter 2023 earnings results. The stock has dropped 7% year-to-date.
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