Constellation Brands (STZ) Revenue — Quarter Ended May 31, 2023
Revenue for the quarter increased. The reported figure was higher than both the prior quarter and the same quarter one year earlier.
Key takeaway
Quarter ended May 31, 2023 · FY2024 Q1
Revenue for the quarter increased. The reported figure was higher than both the prior quarter and the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2.5B
Revenue reported for this quarter.
Quarter-over-quarter
+25.9%
Change from the immediately preceding quarter.
Year-over-year
+6.4%
Change from the comparable year-ago quarter.
Trailing four quarters
$9.6B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Aug 31, 2022 | $2.7B | +12.0% |
| Nov 30, 2022 | $2.4B | +5.0% |
| Feb 28, 2023 | $2B | -5.0% |
| May 31, 2023 | $2.5B | +6.4% |
Revenue performance
The revenue direction is upward. The filing includes management discussion and risk factors, but no specific cause is attributed to the change.
Quarterly comparison
Compared with the immediately preceding quarter, revenue rose. It was also higher than the same quarter one year earlier.
What to watch
The filing contains forward-looking statements that are subject to risks and uncertainties.