secwatch.observer — SEC 8-K summary
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Issuer:     CONSTELLATION BRANDS, INC. (STZ)
CIK:        0000016918
Form:       8-K
Filed at:   2023-01-05T23:59:59+00:00
Accession:  0000016918-23-000004
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Constellation Q3 FY2023: net sales +5% to $2.44B; beer outlook raised; dividend declared
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- Comparable diluted EPS ex-Canopy $3.01 (-12% YoY); reported EPS $2.52 (+2% YoY).
- Beer business net sales and operating income growth outlook raised for fiscal 2023.
- Quarterly dividend of $0.80/Class A and $0.72/Class 1 shares payable Feb 22, 2023.
- Comparable operating income $770M (-7% YoY); reported operating income $747M (-11% YoY).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/16918/000001691823000004/0000016918-23-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/16918/000001691823000004/stz-20230104.htm
  HTML page:      https://secwatch.observer/filing/0000016918-23-000004

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer