CONSTELLATION BRANDS, INC. (STZ) [Rocket]

In millions, except per share items	Feb-28-23	Feb-28-22	Feb-28-21	Feb-29-20	Feb-28-19	Feb-28-18	Feb-28-17	Feb-29-16
	8-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K
Revenues:
Beer		6,751.6	6,074.6	5,615.9	5,202.1	4,660.4	4,227.3	3,622.6
Wine & Spirits		2,069.1	2,540.3	2,727.6	2,913.9	2,919.9	3,093.8	2,925.8
Total revenues	9,452.6	8,820.7	8,614.9	8,343.5	8,116.0	7,580.3	7,321.1	6,548.4
Revenue growth [+]	7.2%	2.4%	3.3%	2.8%	7.1%	3.5%	11.8%	8.6%
Beer		11.1%	8.2%	8.0%	11.6%	10.2%	16.7%	13.6%
Wine & Spirits		-18.5%	-6.9%	-6.4%	-0.2%	-5.6%	5.7%	3.0%
Cost of goods sold [+]	4,683.6	0.0	0.0	4,191.6	0.0	0.0	3,802.1	3,606.1
Excise and sales taxes		-708.4	-740.8	-769.5	-768.3	-741.8	-730.1
Gross profit	4,769.0	8,820.7	8,614.9	4,151.9	8,116.0	7,580.3	3,519.0	2,942.3
Gross margin	50.5%	100.0%	100.0%	49.8%	100.0%	100.0%	48.1%	44.9%
Selling, general and administrative	1,926.1	1,711.4	1,665.1	1,621.8	1,668.1	1,532.7	1,392.4	1,177.2
Equity in earnings
Other operating expenses		4,775.9	4,168.5	751.2	4,035.7	3,767.8	-282.8
EBITDA [+]		2,670.7	3,075.1	2,105.4	2,745.3	2,573.6	2,646.9	1,945.4
EBITDA growth	6.4%	-13.2%	46.1%	-23.3%	6.7%	-2.8%	36.1%	14.3%
EBITDA margin	30.1%	30.3%	35.7%	25.2%	33.8%	34.0%	36.2%	29.7%
Depreciation		332.2	288.5	320.8	327.1	287.9	227.1	139.6
EBITA	2,842.9	2,338.5	2,786.6	1,784.6	2,418.2	2,285.7	2,419.8	1,805.8
EBITA margin	30.1%	26.5%	32.3%	21.4%	29.8%	30.2%	33.1%	27.6%
Amortization of intangibles		5.1	5.3	5.7	6.0	5.9	10.4	40.7
EBIT [+]	2,842.9	2,333.4	2,781.3	1,778.9	2,412.2	2,279.8	2,409.4	1,765.1
EBIT growth	21.8%	-16.1%	56.3%	-26.3%	5.8%	-5.4%	36.5%	17.7%
EBIT margin	30.1%	26.5%	32.3%	21.3%	29.7%	30.1%	32.9%	27.0%
Non-recurring items [+]		1.7	-9.8	-375.6			20.4
Asset impairment			-24.0	-449.7
Interest income, net [+]	2,036.4	1,635.5	150.3	2,668.6	2,101.6	487.2	27.3	51.1
Interest expense							335.1	314.7
Interest income	2,036.4	1,635.5	150.3	2,668.6	2,101.6	487.2	27.3	51.1
Other income (expense), net [+]	-4,495.7	-3,656.8	-398.5	-5,768.3	-368.8	-429.0	1.8	-0.3
Asset impairment charges		-665.9
Gain (loss) on debt retirement	-24.2	-29.4	-12.8	-2.4	-1.7	-97.0		-1.1
Write-off of deferred debt issuance costs	-24.2	-29.4	-12.8	-2.4	-1.7	-97.0		-1.1
Pre-tax income	383.6	310.4	2,542.9	-945.2	4,145.0	2,338.0	2,083.0	1,501.2
Income taxes	422.1	309.4	511.1	-966.6	685.9	22.7	550.3	440.6
Tax rate	110.0%	99.7%	20.1%	102.3%	16.5%	1.0%	26.4%	29.3%
Minority interest	-32.5	41.4	33.8	33.2	23.2	11.9	4.1	5.7
Net income	-38.5	-40.4	1,998.0	-11.8	3,435.9	2,303.4	1,528.6	1,054.9
Net margin	-0.4%	-0.5%	23.2%	-0.1%	42.3%	30.4%	20.9%	16.1%

Basic EPS [+]		($0.21)	$10.32	($0.06)	$18.03	$11.82	$7.67	$5.36
Growth		-102.1%	-16868.0%	-100.3%	52.5%	54.2%	43.1%	23.1%
Diluted EPS [+]		($0.21)	$9.14	($0.06)	$15.70	$10.28	$6.72	$4.64
Growth		-102.3%	-14944.9%	-100.4%	52.7%	53.0%	44.7%	24.3%

Shares outstanding (basic) [+]		190.7	193.5	191.6	190.6	194.8	199.3	196.7
Growth		-1.5%	1.0%	0.6%	-2.2%	-2.3%	1.3%	2.1%
Shares outstanding (diluted) [+]		190.7	218.6	191.6	218.9	224.1	227.5	227.2
Growth		-12.8%	14.1%	-12.4%	-2.3%	-1.5%	0.1%	1.1%

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.