Will Constellation Brands say “Depletion”?
Constellation Brands said “Depletion” 1 time on its Oct 7, 2026 call (FY27 Q2), and on 7 of its last 8 calls: 22, 1, 0, 1, 3, 1, 3, 1 times. As of Oct 24, 2026, Constellation Brands said “Depletion” on 4 of 4 calls with a settled Kalshi mention market since Jan 8, 2026 (100%), most recently on Oct 7, 2026. Parrot’s p for the next listing is 83% (n=4, from settlement history blended with transcripts), not a forecast.
- Last 10
- 4/4Last 10 settled, oldest to newest: yes yes yes yes
- Streak
- said the last 4 times
- Counts
- company speakers + operator
- Market
- 84¢ Kalshi (may be delayed)
Where it was said
quotes of at most 25 words; select an appearance
Constellation Brands
Depletion
- Probability
- 83% · n=4
- Settled
- 4/4 (100%)
- Last calls
- said in 7 of 8
Next listing counts: company speakers + operator
Counts: company speakers + operator
1 counted (1 in prepared remarks, 0 in Q&A); 1 by speakers the rule does not count.
…levels, and while there is always going to be month-to-month variability, September depletions are turning in the right direction. Days on hand remain lower than…
…build in the second half. Specifically, should we expect shipments to lag depletions as you normalize that inventory? Or do you still expect to ship…
Not counted under this market’s speaker rule.
Counts: company speakers + operator
3 counted (0 in prepared remarks, 3 in Q&A); 1 by speakers the rule does not count.
…year basis, we would expect, as we always do, that shipments and depletions would align with one another, very closely align with one another. In…
…one another, again, supporting the fact that when we get to the end of the fiscal year, shipments and depletions will essentially equal one another.
Counts: company speakers + operator
1 counted (0 in prepared remarks, 1 in Q&A).
…strong position. We saw sequential gains in the quarter, and we saw depletions up in the quarter, which had not been the case over the…
Every settled listing
newest first · 4 shown| Date | Listed as | Venue | Result | Our count |
|---|---|---|---|---|
| Oct 7, 2026 | Depletion / Depletions |  Kalshi | Yes | 1 |
| Jul 1, 2026 | Depletion / Depletions | Kalshi | Yes | 3 |
| Apr 9, 2026 | Depletion / Depletions | Kalshi | Yes | 1 |
| Jan 8, 2026 | Depletion / Depletions | Kalshi | Yes | 3 |
Questions
- How many times did Constellation Brands say “Depletion” on its last earnings call?
- Constellation Brands said “Depletion” 1 time on its Oct 7, 2026 call (FY27 Q2), and on 7 of its last 8 calls: 22, 1, 0, 1, 3, 1, 3, 1 times.
- How often does Constellation Brands say “Depletion”?
- As of Oct 24, 2026, Constellation Brands said “Depletion” on 4 of 4 calls with a settled Kalshi mention market since Jan 8, 2026 (100%), most recently on Oct 7, 2026.
- What is the probability Constellation Brands says “Depletion” next time?
- 83%, from settlement history blended with transcripts (n=4). It is a base rate from history, not a forecast and not advice.
- Who has to say it for the market to count?
- Under the next market's rule: company speakers + operator.
Cite parrot.markets, “Constellation Brands: ‘Depletion’ mention history”, as of Oct 24, 2026, https://parrot.markets/earnings/STZ/words/depletion (CC BY 4.0)
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