secwatch.observer — SEC 8-K summary
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Issuer:     CONSTELLATION BRANDS, INC. (STZ)
CIK:        0000016918
Form:       8-K
Filed at:   2023-10-05T23:59:59+00:00
Accession:  0000016918-23-000189
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Constellation Q2 comparable EPS $3.80 (+14%); raises FY2024 guidance to high end
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- Comparable net sales $2.84B (+7%); beer segment drives double-digit sales and op income growth.
- Comparable operating income $968M (+10%); EPS excluding Canopy EIE $3.80.
- Modelo Especial extends #1 dollar-sales position in U.S. beer tracked channels.
- Raises fiscal 2024 EPS guidance to higher-end of initial ranges.
- Declares quarterly dividend of $0.89/Class A and $0.80/Class 1 convertible, payable Nov 17.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/16918/000001691823000189/0000016918-23-000189-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/16918/000001691823000189/stz-20231004.htm
  HTML page:      https://secwatch.observer/filing/0000016918-23-000189

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