(Tiper Stock Exchange) – Constellation Brandsa US group active in the alcoholic beverages sector, reported revenues of $9,453 million in fiscal 2023 (ended February 28, 2023), up 7 percent from the prior year. L’operational profit was 2,843 million dollars (+22%), while the net loss was 71 million dollars (-76%).
L’EPS was -0.11 dollars, while theComparable EPS $10.65, including Canopy stock losses of $0.75; excluding Canopy stock losses, comparable EPS was $11.40, an increase of 4%.
Constellation Brands has returned nearly $2.3 billion to shareholders in stock repurchases and dividends in fiscal 2023, exceeding the $5 billion commitment to return between fiscal 2020 and fiscal 2023 by more than $400 million.
The group plans a EPS for thefiscal year 2024 of $11.60-11.90 and comparable EPS of $11.70-12.00.
(Photo: Photo by Amie Johnson on Unsplash)