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Want to Invest in Constellation Brands? Wait for a Discount

On Thursday morning, Constellation Brands , which is a leading beverage and alcohol company, released the firm's fiscal fourth quarter financial results. For the three months ended February 28th, Constellation Brands posted GAAP EPS of $1.98 (adjusted EPS: $2.15) on revenue of $1.998B. Cost of products sold increased 9.6% to $1.037B, thus dropping gross profit 15.1% to $961.2M. Read More...

On Thursday morning, Constellation Brands , which is a leading beverage and alcohol company, released the firm’s fiscal fourth quarter financial results. For the three months ended February 28th, Constellation Brands posted GAAP EPS of $1.98 (adjusted EPS: $2.15) on revenue of $1.998B. Cost of products sold increased 9.6% to $1.037B, thus dropping gross profit 15.1% to $961.2M.

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