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Constellation Brands (STZ) gross margin by quarter

Constellation Brands' gross margin was 49.5% in Q2 FY27 (second quarter fiscal 2027), -1.5 pts from Q1 FY27. Over the last 6 quarters it ranged from 46.4% (Q4 FY26) to 51.0% (Q1 FY27).

Constellation Brands gross margin by quarterConstellation Brands gross margin by quarter47.3%Q1 FY2649.4%Q2 FY2649.8%Q3 FY2646.4%Q4 FY2651.0%Q1 FY2749.5%Q2 FY27
QuarterGross marginQ/QY/Y
Q2 FY2749.5%-1.5 pts+0.1 pts
Q1 FY2751.0%+4.5 pts+3.7 pts
Q4 FY2646.4%-3.4 pts—
Q3 FY2649.8%+0.5 pts—
Q2 FY2649.4%+2.1 pts—
Q1 FY2647.3%——

Q2 FY27 at a glance

Constellation Brands, Q2 FY27: revenue $2.8B (+6% year over year), operating margin 28.6%, net earnings $566M, operating cash flow $817M. The chart follows the revenue to costs, profit and cash.

Questions

What is Constellation Brands' gross margin?

Constellation Brands' gross margin was 49.5% in Q2 FY27 (second quarter fiscal 2027), -1.5 pts from Q1 FY27.

How has Constellation Brands' gross margin changed?

Over the last 6 quarters it ranged from 46.4% (Q4 FY26) to 51.0% (Q1 FY27).

Q2 FY27 results → · How Constellation Brands makes money →