{"schema_version":"secwatch.filing_event.v1","accession":"0000016918-25-000003","form_type":"8-K","ticker":"STZ","cik":"0000016918","company_name":"CONSTELLATION BRANDS, INC.","filed_at":"2025-01-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:04.463258+00:00","generated_at":"2026-05-28T05:16:18.077467+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Constellation Q3 comparable EPS $3.25 flat YoY; cuts FY2025 outlook, raises cash flow","bullets":["Q3 net sales $2.464B (flat YoY); reported diluted EPS $3.39 (+23%); comparable EPS $3.25 (flat).","Fiscal 2025 outlook lowered: net sales and operating income growth reduced; reported and lower-end comparable EPS guidance cut.","Beer business drove volume growth and pricing; incremental marketing investments and cost savings noted.","Returned ~$220M to shareholders via share repurchases in Q3.","Board declared $1.01/share Class A dividend and $0.91/share Class 1 Convertible dividend, payable Feb 21 to holders of record Feb 7."],"urls":{"canonical":"https://secwatch.observer/filing/0000016918-25-000003","json":"https://secwatch.observer/filing/0000016918-25-000003.json","markdown":"https://secwatch.observer/filing/0000016918-25-000003.md","text":"https://secwatch.observer/filing/0000016918-25-000003.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/16918/000001691825000003/0000016918-25-000003-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/16918/000001691825000003/stz-20250108.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-28T05:16:18.077467+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"}