STZ · 8-K · 20261006PR000039

Operating Expense Trends

CONSTELLATION BRANDS, INC. · 2026-10-06 · Importance 34 · Surprise 38

Second-quarter selling, general, and administrative expenses increased to $538.2 million from $436.0 million, a $102.2 million rise. The release attributes higher Beer Business costs to increased marketing investment and other SG&A spending. Wine and Spirits cited savings in marketing and other SG&A from optimization and restructuring initiatives, but those savings did not offset the consolidated SG&A increase.

Key facts

• Constellation recorded $49.8 million of asset impairment and related expenses in Q2 FY2027. source