Constellation Brands (STZ) Revenue — Quarter Ended Aug 31, 2023
Revenue for the quarter increased compared to both the immediately preceding quarter and the same quarter one year earlier. The company reported higher top-line results across both sequential and year-over-year comparisons.
Key takeaway
Quarter ended Aug 31, 2023 · FY2024 Q2
Revenue for the quarter increased compared to both the immediately preceding quarter and the same quarter one year earlier. The company reported higher top-line results across both sequential and year-over-year comparisons.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2.8B
Revenue reported for this quarter.
Quarter-over-quarter
+12.8%
Change from the immediately preceding quarter.
Year-over-year
+6.8%
Change from the comparable year-ago quarter.
Trailing four quarters
$9.8B
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 |
|---|---|---|
| Nov 30, 2022 | $2.4B | +5.0% |
| Feb 28, 2023 | $2B | -5.0% |
| May 31, 2023 | $2.5B | +6.4% |
| Aug 31, 2023 | $2.8B | +6.8% |
Revenue performance
The reported revenue rose from the previous quarter, reflecting a sequential improvement in the period.
Quarterly comparison
Compared to the same quarter a year ago, revenue also increased. The sequential gain was more pronounced than the year-over-year gain.
What to watch
The filing includes risk factors that could influence future revenue performance.