Discontinued — last reported Q4 '24
Wine and Spirits — Income (loss) from unconsolidated investments
Constellation Brands Wine and Spirits — Income (loss) from unconsolidated investments increased by 374.1% to $25.60M in Q3 2024 compared to the prior quarter. Year-over-year, this metric declined by 6.9%, from $27.50M to $25.60M. Over 2 years (FY 2022 to FY 2024), Wine and Spirits — Income (loss) from unconsolidated investments shows an upward trend with a 6.1% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
Higher income indicates strong performance from strategic partners and joint ventures.
Detailed definition
This metric reflects the company's share of the net income or loss from entities where it holds a minority interest but...
Peer comparison
Standard metric for companies that utilize joint ventures to expand market reach.
stz_segment_wine_and_spirits_income_loss_from_unconsolidated_investmentsHistorical Data
| Q1 '21 | Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.30M | -$1.10M | $33.40M | $800.00K | $1.50M | $3.40M | $35.40M | $1.30M | $2.30M | $8.30M | $27.50M | $600.00K | $400.00K | $5.40M | $25.60M |
| QoQ Change | — | -184.6% | >999% | -97.6% | +87.5% | +126.7% | +941.2% | -96.3% | +76.9% | +260.9% | +231.3% | -97.8% | -33.3% | >999% | +374.1% |
| YoY Change | — | — | — | — | +15.4% | +409.1% | +6.0% | +62.5% | +53.3% | +144.1% | -22.3% | -53.8% | -82.6% | -34.9% | -6.9% |
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Frequently Asked Questions
- What is Constellation Brands's wine and spirits — income (loss) from unconsolidated investments?
- Constellation Brands (STZ) reported wine and spirits — income (loss) from unconsolidated investments of $25.60M in Q3 2024.
- How has Constellation Brands's wine and spirits — income (loss) from unconsolidated investments changed year-over-year?
- Constellation Brands's wine and spirits — income (loss) from unconsolidated investments decreased by 6.9% year-over-year, from $27.50M to $25.60M.
- What is the long-term trend for Constellation Brands's wine and spirits — income (loss) from unconsolidated investments?
- Over 2 years (2022 to 2024), Constellation Brands's wine and spirits — income (loss) from unconsolidated investments has grown at a 6.1% compound annual growth rate (CAGR), from $34.40M to $38.70M.
- What does wine and spirits — income (loss) from unconsolidated investments mean?
- The company's share of profits or losses from businesses it partially owns.