{"schema_version":"secwatch.filing_event.v1","accession":"0000016918-23-000199","form_type":"8-K","ticker":"STZ","cik":"0000016918","company_name":"CONSTELLATION BRANDS, INC.","filed_at":"2023-11-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.073775+00:00","generated_at":"2026-06-09T00:35:51.588262+00:00","sec_items":["7.01","8.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Constellation Brands sets medium-term targets: Beer ~7-9% growth, low double-digit EPS; adds $2B buyback","bullets":["Beer medium-term net sales growth ~7-9%, op margins ~39-40%; Wine & Spirits ~1-3% sales growth, ~25-26% margins.","Targets annual low double-digit diluted EPS growth (ex-Canopy EIE) over medium term.","Expects cumulative $15-17B operating cash flow and $10-12B free cash flow from FY2024 to FY2028.","Announces additional $2B share repurchase authorization; reduced capex ~$1B via brewery efficiency.","Modelo Especial #1 dollar sales beer brand; Pacifico doubled in size since FY2019."],"urls":{"canonical":"https://secwatch.observer/filing/0000016918-23-000199","json":"https://secwatch.observer/filing/0000016918-23-000199.json","markdown":"https://secwatch.observer/filing/0000016918-23-000199.md","text":"https://secwatch.observer/filing/0000016918-23-000199.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/16918/000001691823000199/0000016918-23-000199-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/16918/000001691823000199/stz-20231102.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T00:35:51.588262+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}