Constellation Brands Wine and Spirits — Cost of product sold decreased by 11.5% to -$119.30M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 53.3%, from -$255.50M to -$119.30M. Over 3 years (FY 2023 to FY 2026), Wine and Spirits — Cost of product sold shows an upward trend with a -22.6% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Lower costs relative to sales indicate improved production efficiency or favorable input pricing.
The direct costs attributable to the production and procurement of wine and spirits, including raw materials, labor, and...
Equivalent to Cost of Goods Sold (COGS) in standard financial reporting for manufacturing firms.
stz_segment_wine_and_spirits_cost_of_product_sold| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | -$265.10M | -$265.10M | -$265.10M | -$265.10M | -$240.78M | -$240.78M | -$240.78M | -$240.78M | -$220.30M | -$224.70M | -$226.10M | -$255.50M | -$184.40M | -$81.20M | -$107.00M | -$119.30M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +9.2% | +0.0% | +0.0% | +0.0% | +8.5% | -2.0% | -0.6% | -13.0% | +27.8% | +56.0% | -31.8% | -11.5% |
| YoY Change | — | — | — | — | +9.2% | +9.2% | +9.2% | +9.2% | +8.5% | +6.7% | +6.1% | -6.1% | +16.3% | +63.9% | +52.7% | +53.3% |