The US drinks group, Constellation Brands, has issued guidance for its second-quarter earnings in line with analysts’ forecasts but added that it expected to take some charges in the quarter.
The company said it expects earnings per share for the second quarter to come in between 61 cents to 64 cents, with earnings per share for the full fiscal 2004 year in the US$2.46 to US$2.53 range.
But taking into account acquisition costs, restructuring charges and other extraordinary items, Constellation said it is forecasting profits between 24 cents and 27 cents per share for the second quarter, with full-year earnings per share between US$1.90 to US$1.97.
Sign up for our daily news round-up!
Give your business an edge with our leading industry insights.
Just Drinks Excellence Awards - Nominations Closed
Nominations are now closed for the Just Drinks Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.
Excellence in Action
De Kuyper Royal Distillers’ De Kuyper Batched 0.0% range has won both Innovation and Product Launches honours in the 2025 Just Drinks Excellence Awards. Learn how these premium, non-alcoholic RTD cocktails help operators serve consistent, bar-quality drinks while tapping fast-growing demand for sophisticated alcohol-free options.
Discover the Impact