Net income attributable to CBI rose 21.4% to $565.8M in the fiscal second quarter, while operating income fell 7.9% to $805.0M on asset impairments and higher marketing spend.

Filed October 7, 2026 · Period ending August 31, 2026 · Compared to 10-Q Oct 7, 2025 · ~1 min read

Key Changes

• high

  Net sales increased 6.1% to $2.63B, with Beer segment net sales up 5.5% to $2.47B on shipment volume growth of 5.5% and Wine and Spirits net sales up 17.2% to $159.4M.

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• high

  Operating income decreased 7.9% to $805.0M, primarily due to Second Quarter 2027 asset impairment and related expenses, higher marketing spend, and unfavorable short-term incentive accruals, partially offset by shipment volume growth and lower tariff costs.

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• medium

  The company recognized $49.8M of asset impairment and related expenses in the quarter, including impairments on assets held for sale related to its plan to divest the Nelson's Green Brier business.

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