星座品牌-A 2026年季度报告

(Mark One) ☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934For the quarterly period ended November30, 2025or TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934For the transition period from_____________to_____________ Commission File Number: 001-08495 CONSTELLATION BRANDS, INC.(Exact name of registrant as specified in its charter)Delaware16-0716709(State or other jurisdiction of incorporation or organization)(I.R.S. Employer Identification No.) 50 East Broad Street, Rochester, New York 14614(Address of principal executive offices)(Zip code) (585) 678-7100(Registrant’s telephone number, including area code) Not Applicable(Former name, former address and former fiscal year, if changed since last report) Securities registered pursuant to Section 12(b) of the Act: New York Stock Exchange Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or 15(d) of theSecurities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required tofile such reports), and (2)has been subject to such filing requirements for the past 90 days.☒Yes☐No Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter periodthat the registrant was required to submit such files).☒Yes☐No Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smallerreporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act. Acceleratedfiler☐Smallerreportingcompany☐Emerginggrowthcompany☐ Large accelerated filer☒Non-acceleratedfiler☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition periodfor complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the ExchangeAct.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).Yes☐No☒ There were 173,384,625 shares of Class A Common Stock and 26,197 shares of Class 1 Common Stock outstanding as ofDecember31, 2025. TABLE OF CONTENTS DEFINED TERMS PART I – FINANCIAL INFORMATION Item1. Financial StatementsConsolidated Balance SheetsConsolidated Statements of Comprehensive Income (Loss)Consolidated Statements of Changes in Stockholders’ EquityConsolidated Statements of Cash FlowsNotes to Consolidated Financial Statements1. Basis of Presentation2. Acquisitions and Divestitures3. Restructuring4. Inventories5. Derivative Instruments6. Fair Value of Financial Instruments7. Goodwill8. Intangible Assets9. Other Assets10. Borrowings11. Income Taxes12. Stockholders' Equity13. Net Income (Loss) Per Common Share Attributable to CBI14. Comprehensive Income (Loss) Attributable to CBI15. Business Segment Information16. Accounting Guidance Not Yet AdoptedItem2. Management’s Discussion and Analysis of Financial Condition and Results of OperationsItem3. Quantitative and Qualitative Disclosures About Market RiskItem4. Controls and Procedures PART II – OTHER INFORMATION Item1. Legal ProceedingsItem 2. Unregistered Sales of Equity Securities and Use of ProceedsItem 5. Other InformationItem6. Exhibits SIGNATURES This Form 10-Q contains “forward-looking statements” within the meaning of Section27A of the Securities Act andSection21E of the Exchange Act. These forward-looking statements are subject to a number of risks and uncertainties, manyof which are beyond our control, which could cause actual results to differ materially from those set forth in, or implied by, suchforward-looking statements. For further information regarding such forward-looking statements, risks, and uncertainties,please see “Information Regarding Forward-Looking Statements” under MD&A. Market positions and industry data discussed in this Form10-Q are for the 52-weeks ending November30, 2025. DEFINED TERMS Unless the context otherwise requires, the terms “Company,” “CBI,” “we,” “our,” or “us” refer to Constellation Brands, Inc. andits subsidiaries. We use terms in this Form10-Q and in our Notes that are specific to us or are abbreviations that may not becommonly known or used. PART I – FINANCIAL INFORMATION ITEM 1. FINANCIAL STATEMENTS. CONSTELLATION BRANDS, INC. AND SUBSIDIARIESCONSOLIDATED BALANCE SHEETS Current liabilities: Constellation Brands, Inc. Q3 FY 2026 Form 10-Q CONSTELLATION BRANDS, INC. AND SUBSIDIARIESCONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)(in millions, except per share data) (unaudited) #WORTHREACHINGFORI2 Constellation Brands, Inc. Q3 FY 2026 Form 10-Q CONST