secwatch.observer — SEC 8-K summary
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Issuer:     CONSTELLATION BRANDS, INC. (STZ)
CIK:        0000016918
Form:       8-K
Filed at:   2025-01-10T23:59:59+00:00
Accession:  0000016918-25-000003
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Constellation Q3 comparable EPS $3.25 flat YoY; cuts FY2025 outlook, raises cash flow
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/16918/000001691825000003/0000016918-25-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/16918/000001691825000003/stz-20250108.htm
  HTML page:      https://secwatch.observer/filing/0000016918-25-000003

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