Will Constellation Brands say “Tariff”?

Constellation Brands did not say “Tariff” on its Oct 7, 2026 call (FY27 Q2); it said it on 6 of its last 8 calls: 4, 7, 4, 4, 11, 1, 0, 0 times. As of Oct 24, 2026, Constellation Brands said “Tariff” on 2 of 4 calls with a settled Kalshi or Polymarket mention market since Jan 8, 2026 (50%), most recently on Apr 9, 2026. Parrot’s p for the next listing is 66% (n=4, from settlement history blended with transcripts), not a forecast.

66%from settlement history blended with transcripts · n=4Next: Earnings call, Jan 7, 2027 · counts: company speakers + operator
Last 10
2/4Last 10 settled, oldest to newest: yes yes no no
Streak
not said the last 2 times
Counts
company speakers + operator
Market
28¢ Kalshi (may be delayed)
Updated

Where it was said

quotes of at most 25 words; select an appearance

Constellation Brands

Tariff

Probability
66% · n=4
Settled
2/4 (50%)
Last calls
said in 6 of 8

Next listing counts: company speakers + operator

FY27 Q2 earnings call, Oct 7, 2026 · not said

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FY27 Q1 earnings call, Jul 1, 2026 · not said

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FY26 Q4 earnings call, Apr 9, 2026 · said 1 time (counts)

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Counts: company speakers + operator

1 counted (0 in prepared remarks, 1 in Q&A).

Garth Hankinsoncompanyqa · 10:52Hear it 10:46, Garth Hankinson In transcript

…additionally, as you saw in our materials, will have relief from aluminum tariffs this year. As it relates to beyond FY 2027, we're not prepared…

FY26 Q3 earnings call, Jan 8, 2026 · said 11 times (counts)

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Counts: company speakers + operator

11 counted (0 in prepared remarks, 11 in Q&A).

Garth HankinsoncompanyqaIn transcript

…were a headwind in the quarter. Additional headwinds in the quarter were tariffs, as you noted, logistics and then brewery maintenance. Offsetting those headwinds, we…

Garth HankinsoncompanyqaIn transcript

…as additional assets come online or are put into service. And then tariffs will be a further headwind in Q4, really related to a couple…

Every match in the transcript

FY26 Q2 earnings call, Oct 7, 2025 · said 4 times (counts)

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Counts: company speakers + operator (not listed here; the usual rule)

4 counted (0 in prepared remarks, 4 in Q&A); 2 by speakers the rule does not count.

Garth HankinsoncompanyqaIn transcript

…100 basis points of margin headwinds related to fixed costs and incremental tariffs. We have about 60 basis points related to keeping, as Bill just…

Bill NewlandscompanyqaIn transcript

…the last half of the last question. Garth is going to cover the tariff, and then I will come back and answer your question, Carlos.

Every match in the transcript

FY26 Q1 earnings call, Jul 2, 2025 · said 4 times (counts)

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FY25 Q4 earnings call, Apr 10, 2025 · said 7 times (counts)

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FY25 Q3 earnings call, Jan 10, 2025 · said 4 times (counts)

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Every settled listing

newest first · 6 shown
Every settled listing of this word, newest first
DateListed asVenueResultOur count
Oct 7, 2026TariffPolymarketNo0
Oct 7, 2026TariffKalshiNo0
Jul 1, 2026TariffPolymarketNo0
Jul 1, 2026TariffKalshiNo0
Apr 9, 2026TariffKalshiYes1
Jan 8, 2026TariffKalshiYes11

Questions

How many times did Constellation Brands say “Tariff” on its last earnings call?
Constellation Brands did not say “Tariff” on its Oct 7, 2026 call (FY27 Q2); it said it on 6 of its last 8 calls: 4, 7, 4, 4, 11, 1, 0, 0 times.
How often does Constellation Brands say “Tariff”?
As of Oct 24, 2026, Constellation Brands said “Tariff” on 2 of 4 calls with a settled Kalshi or Polymarket mention market since Jan 8, 2026 (50%), most recently on Apr 9, 2026.
What is the probability Constellation Brands says “Tariff” next time?
66%, 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: ‘Tariff’ mention history”, as of Oct 24, 2026, https://parrot.markets/earnings/STZ/words/tariff (CC BY 4.0)

Agents: this page as TSV at /api/v1/word?entity=constellation-brands&word=tariff · quotes: /api/v1/quotes?entity=constellation-brands&word=… · columnar JSON in #parrot-data · llms.txt · MCP