Constellation Brands (STZ) Revenue — Quarter Ended Feb 29, 2024
Revenue declined from the prior quarter. Compared with the same period a year earlier, revenue increased.
Key takeaway
Quarter ended Feb 29, 2024 · FY2024 FY
Revenue declined from the prior quarter. Compared with the same period a year earlier, revenue increased.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2.1B
Revenue reported for this quarter.
Quarter-over-quarter
-13.4%
Change from the immediately preceding quarter.
Year-over-year
+7.1%
Change from the comparable year-ago quarter.
Trailing four quarters
$10B
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 |
|---|---|---|
| May 31, 2023 | $2.5B | +6.4% |
| Aug 31, 2023 | $2.8B | +6.8% |
| Nov 30, 2023 | $2.5B | +1.4% |
| Feb 29, 2024 | $2.1B | +7.1% |
Revenue performance
The reported revenue reflects a decline from the immediately preceding quarter. The trailing twelve-month figure indicates sustained overall revenue scale.
Quarterly comparison
Revenue was lower than the prior quarter. In contrast, revenue was higher than the same quarter one year earlier.
What to watch
The sequential decline in revenue contrasts with the year-over-year growth, a pattern that may merit observation in future filings.