---
schema_version: "secwatch.filing_event.v1"
accession: "0000016918-24-000177"
form_type: "8-K"
ticker: "STZ"
cik: "0000016918"
company_name: "CONSTELLATION BRANDS, INC."
filed_at: "2024-10-03T23:59:59+00:00"
generated_at: "2026-05-30T21:36:15.880829+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Constellation Brands Q2 FY2025: comparable EPS $4.32, +14%; Beer sales up mid-single digit

## Summary
- Net sales $2,919M (+3% comparable); comparable operating income $1,090M (+13%).
- Reported GAAP net loss $(1,199)M, or $(6.59) diluted EPS due to impairment charges.
- Beer business delivered mid-single digit net sales growth with double-digit operating income growth.
- Achieved net leverage ratio target and returned ~$250M to shareholders via share repurchases.
- Comparable diluted EPS $4.32, up 14% YoY; comparable EBIT $1,093M.

## SEC filing metadata
- accession: 0000016918-24-000177
- form_type: 8-K
- ticker: STZ
- cik: 0000016918
- company_name: CONSTELLATION BRANDS, INC.
- filed_at: 2024-10-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/16918/000001691824000177/0000016918-24-000177-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/16918/000001691824000177/stz-20241003.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000016918-24-000177
- JSON: https://secwatch.observer/filing/0000016918-24-000177.json
- Plain text: https://secwatch.observer/filing/0000016918-24-000177.txt

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