Constellation Brands reported its financial results for the third quarter of fiscal year 2026. The company updated its full-year reported earnings per share $(EPS)$ outlook to a range of 9.72 to 10.02 and reaffirmed its comparable EPS outlook at 11.30 to 11.60. For fiscal year 2026, Constellation Brands affirmed its operating cash flow target between 2.5 billion and 2.6 billion and free cash flow guidance at 1.3 billion to 1.4 billion. The company also maintained its net leverage ratio target at approximately 3.0 times and declared a dividend of 1.02 per Class A share.
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