{"schema_version":"secwatch.filing_event.v1","accession":"0000016918-26-000039","form_type":"8-K","ticker":"STZ","cik":"0000016918","company_name":"CONSTELLATION BRANDS, INC.","filed_at":"2026-10-06T20:18:54+00:00","discovered_at":"2026-10-06T20:20:00.279230+00:00","generated_at":"2026-10-12T16:16:43.256423+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.62,"calibrated_materiality_score":0.62,"confidence":"high","headline":"Constellation Q2 FY27 comparable EPS $3.74 (+3%); buys SpikedAde for $75M plus up to $278M earnout","bullets":["Q2 FY27 (ended Aug 31, 2026) reported net sales $2,633M (+6% YoY), reported operating income $805M (-8%), reported EPS $3.32 (+25%); comparable EPS $3.74 (+3%).","Comparable operating income $897M (+1%) on 6% net sales growth; beer business accelerated category-leading share gains across U.S. tracked channels.","Acquired SpikedAde, a spirit-based ready-to-drink brand in the sports-drink-inspired 'Ade' segment, for $75M at close for 100% ownership plus up to $278M contingent consideration over five years.","Board declared quarterly dividend of $1.03 per Class A share and $0.93 per Class 1 Convertible share, payable Nov 13, 2026 to holders of record Oct 30, 2026.","Returned an additional $400M to shareholders through share repurchases and dividends; spirit-based RTD category dollar sales rose 25% in the last year."],"urls":{"canonical":"https://secwatch.observer/filing/0000016918-26-000039","json":"https://secwatch.observer/filing/0000016918-26-000039.json","markdown":"https://secwatch.observer/filing/0000016918-26-000039.md","text":"https://secwatch.observer/filing/0000016918-26-000039.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/16918/000001691826000039/0000016918-26-000039-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/16918/000001691826000039/stz-20261006.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-12T16:16:43.256423+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"}