{"schema_version":"secwatch.filing_event.v1","accession":"0000016918-25-000017","form_type":"8-K","ticker":"STZ","cik":"0000016918","company_name":"CONSTELLATION BRANDS, INC.","filed_at":"2025-04-09T23:59:59+00:00","discovered_at":"2026-05-14T18:02:49.356230+00:00","generated_at":"2026-05-23T18:24:02.654289+00:00","sec_items":["2.02","7.01","8.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"Constellation Brands reports FY25 earnings beat, divests mainstream wine brands, $4B buyback","bullets":["FY25 comparable EPS $13.78 (up 11% YoY), net sales $10.2B (+2%); Q4 comparable EPS $2.63 (+14%).","Enters agreement to divest mainstream wine brands (Woodbridge, Meiomi, etc.) to The Wine Group; expected close after Q1 FY26.","Board authorizes new $4B share repurchase program through Feb 2028, replacing prior $2B authorization with ~$1.5B remaining.","Quarterly dividend declared $1.02/share Class A, $0.92/share Class 1 convertible, payable May 15, 2025.","Restructuring actions expected to deliver >$200M net annualized cost savings by FY28, majority completed in FY26."],"urls":{"canonical":"https://secwatch.observer/filing/0000016918-25-000017","json":"https://secwatch.observer/filing/0000016918-25-000017.json","markdown":"https://secwatch.observer/filing/0000016918-25-000017.md","text":"https://secwatch.observer/filing/0000016918-25-000017.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/16918/000001691825000017/0000016918-25-000017-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/16918/000001691825000017/stz-20250409.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T18:24:02.654289+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"}