secwatch.observer — SEC 8-K summary
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Issuer:     CONSTELLATION BRANDS, INC. (STZ)
CIK:        0000016918
Form:       8-K
Filed at:   2024-01-05T23:59:59+00:00
Accession:  0000016918-24-000004
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/16918/000001691824000004/0000016918-24-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/16918/000001691824000004/stz-20240104.htm
  HTML page:      https://secwatch.observer/filing/0000016918-24-000004

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