Constellation Brands (STZ) Revenue — Quarter Ended May 31, 2024
Revenue increased for the quarter, continuing the positive trajectory seen in recent periods. The growth rate was larger compared to both the immediate prior quarter and the same quarter from one year earlier.
Key takeaway
Quarter ended May 31, 2024 · FY2025 Q1
Revenue increased for the quarter, continuing the positive trajectory seen in recent periods. The growth rate was larger compared to both the immediate prior quarter and the same quarter from one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2.7B
Revenue reported for this quarter.
Quarter-over-quarter
+24.4%
Change from the immediately preceding quarter.
Year-over-year
+5.8%
Change from the comparable year-ago quarter.
Trailing four quarters
$10.1B
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, 2023 | $2.8B | +6.8% |
| Nov 30, 2023 | $2.5B | +1.4% |
| Feb 29, 2024 | $2.1B | +7.1% |
| May 31, 2024 | $2.7B | +5.8% |
Revenue performance
The reported revenue was higher than the prior period, reflecting ongoing operational momentum. Compared to the same period last year, revenue also rose, with the increase being more pronounced than in the previous comparable interval.
Quarterly comparison
Revenue improved meaningfully from the preceding quarter, marking a strong sequential uplift. When measured against the same period one year ago, revenue also advanced, though the magnitude of the year-over-year gain was smaller than the sequential change.
What to watch
Filing context mentions a share repurchase program with remaining authorization, but the corresponding cash outflows and debt implications are not discussed in relation to revenue performance.