---
schema_version: "secwatch.filing_event.v1"
accession: "0000016918-24-000004"
form_type: "8-K"
ticker: "STZ"
cik: "0000016918"
company_name: "CONSTELLATION BRANDS, INC."
filed_at: "2024-01-05T23:59:59+00:00"
generated_at: "2026-06-07T03:10:35.148693+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Constellation Q3 adj EPS $3.24 (+8%), raises FY2024 operating & free cash flow guidance

## Summary
- Q3 comparable net income $588M, EPS $3.19 (+13% YoY); reported EPS $2.76.
- Comparable operating income $820M (+7%); net sales $2.47B (+1%).
- Beer business drives results; management raises FY2024 operating income and free cash flow guidance.
- Quarterly dividend $0.89 Class A, $0.80 Class 1 Convertible, payable Feb 22 to holders of record Feb 8.

## SEC filing metadata
- accession: 0000016918-24-000004
- form_type: 8-K
- ticker: STZ
- cik: 0000016918
- company_name: CONSTELLATION BRANDS, INC.
- filed_at: 2024-01-05T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/16918/000001691824000004/0000016918-24-000004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/16918/000001691824000004/stz-20240104.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000016918-24-000004
- JSON: https://secwatch.observer/filing/0000016918-24-000004.json
- Plain text: https://secwatch.observer/filing/0000016918-24-000004.txt

## Key facts
- Earnings Releases
  CONSTELLATION BRANDS, INC. updated its third fiscal quarter ended November 30, 2023 guidance (raised).
  - Period: third fiscal quarter ended November 30, 2023
  - Guidance: raised
  - Result: reported results
  source text: On January 5, 2024, Constellation Brands, Inc. (“Constellation” or the “Company”), a Delaware corporation, issued a news release (the “release”) announcing its financial condition and results of operations as of and for the third fiscal quarter ended November 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/16918/000001691824000004/0000016918-24-000004-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.