Backs FY26 organic net sales view down 4%-6%. The company said, “Enterprise growth assumptions and Wine and Spirits decline assumptions for fiscal 2026 exclude $98 million of net sales and $35 million of gross profit less marketing for the March 1, 2024 to January 5, 2025, period that are no longer part of year over-year results following the SVEDKA Divestiture and $613 million of net sales and $210 million of gross profit less marketing for the June 2, 2024 to February 28, 2025, period that are no longer part of year-over-year results following the 2025 Wine Divestitures.”
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