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Constellation Brands STZ Asset impairment and related expenses
Asset impairment and related expenses at other companies
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Where this comes from
Reported directly by Constellation Brands in its filing.
Tagged under the XBRL concept stz:AssetImpairmentAndRelatedExpenses.
The source filing: Constellation Brands’s 10-Q, filed July 1, 2026.
- Filed
- Jul 1, 2026, 2:00 PM EDT
- Fiscal quarter
- Q1 FY2027
- Calendar quarter
- Q2 2026
- Accession
- 0000016918-26-000029
| Line item | For the Three Months Ended May 31, 2026 | For the Three Months Ended May 31, 2025 |
|---|---|---|
| Cost of product sold | (1,112.1) | (1,248.4) |
| Gross profit | 1,320.6 | 1,266.6 |
| Selling, general, and administrative expenses | (457.0) | (500.7) |
| Asset impairment and related expenses | (18.3) | (52.1) |
| Operating income (loss) | 845.3 | 713.8 |
| Income (loss) from unconsolidated investments | 0.5 | (3.5) |
| Interest expense, net | (85.8) | (98.9) |
| Income (loss) before income taxes | 760.0 | 611.4 |
ITEM 1. FINANCIAL STATEMENTS.
FAQ
- What is Constellation Brands's asset impairment and related expenses?
- Constellation Brands (STZ) reported asset impairment and related expenses of $18.3M in Q1 2026.
- How has Constellation Brands's asset impairment and related expenses changed year-over-year?
- Constellation Brands's asset impairment and related expenses decreased by 64.9% year-over-year, from $52.1M to $18.3M.
- What does asset impairment and related expenses mean?
- This represents non-cash charges taken when the carrying value of an asset exceeds its recoverable amount. It signals that the company has determined that certain assets, such as goodwill, intangible brands, or physical equipment, have lost value. Frequent or large impairments can indicate poor past capital allocation or deteriorating market conditions for specific business units.
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