E. Morgan Flatley was elected as Director at CONSTELLATION BRANDS, INC..
“On that date, the Board filled the additional Board seat by electing E. Morgan Flatley to serve as a member of the Board effective immediately.”
CONSTELLATION BRANDS, INC. — fact timeline
Source-grounded facts extracted from CONSTELLATION BRANDS, INC.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
CONSTELLATION BRANDS, INC. reported Fourth quarter ended February 28, 2026 results: revenue $1,920 million, net income $202 million, EPS $1.16.
“Fourth Quarter Fiscal 2026 Financial Highlights (1) Reported $1,920 $1,920 $442 $202 $434 $1.16”
CONSTELLATION BRANDS, INC. reported Fiscal year ended February 28, 2026 results: revenue $9,139 million, net income $1,687 million, EPS $9.61.
“Fiscal 2026 Financial Highlights (1) | In millions, except per share data Reported $9,139 $9,139 $2,721 $1,687 $2,730 $9.61”
CONSTELLATION BRANDS, INC.: Amended and restated By-Laws to align with Delaware law, update stockholder meeting chair requirements, reserve proxy for Board, and make other technical changes (effective 2025-09-30).
“On September 30, 2025, the Board amended and restated the Company’s By-Laws (the “By-Laws”), with immediate effect.”
CONSTELLATION BRANDS, INC. incurred term loan of $500 million with Bank of America, N.A., as administrative agent, and certain other lenders at Term SOFR or Base Rate plus (i) for Term SOFR, a margin ranging from 0.750% to 1 maturing two years after the date on which the initial borrowing, if any, of the Term Loans occurs.
“The Credit Agreement provides for a delayed draw term loan available in up to two draws in the aggregate principal amount of $500 million.”
CONSTELLATION BRANDS, INC. amended revolving credit of $2.25 billion with Bank of America, N.A., as administrative agent maturing April 28, 2030.
“the “Eleventh Restated Credit Agreement”). The principal changes to the Tenth Restated Credit Agreement effected by the Restatement Agreement are (i) refinancing the existing $2.25 billion of aggregate commitments under the senior unsecured revolving credit facility under the Tenth Restated Credit Agreement, (ii) extending its maturity to April 28, 2030, and (iii)”
CONSTELLATION BRANDS, INC. announced a impairment with charges of approximately $1.5 billion to $2.5 billion affecting Wine and Spirits segment.
“Based on the aforementioned factors, on September 2, 2024, the Company concluded that it expects to incur a non-cash goodwill impairment loss of approximately $1.5 billion to $2.5 billion for the Company’s second fiscal quarter ended August 31, 2024.”
Judy A. Schmeling resigned as Director at CONSTELLATION BRANDS, INC..
“On August 29, 2024, the Board of Directors of Constellation Brands, Inc. (the “Company”) accepted the resignation of Judy A. Schmeling as a member of its Board of Directors, effective immediately.”
CONSTELLATION BRANDS, INC. updated its the fiscal year and fourth fiscal quarter ended February 29, 2024 guidance (reaffirmed).
“On April 11, 2024, Constellation Brands, Inc. (“Constellation” or the “Company”), a Delaware corporation, issued a news release (the “release”) announcing its financial condition and results of operations as of and for the fiscal year and fourth fiscal quarter ended February 29, 2024.”
Susan Somersille Johnson resigned as Director at CONSTELLATION BRANDS, INC..
“On February 17, 2024, the Board, upon the recommendation of the Committee, accepted Ms. Johnson’s resignation and reduced the size of the Board to 12 members, in each case effective immediately.”
Christopher J. Baldwin was appointed as non-executive Chair of the Board at CONSTELLATION BRANDS, INC..
“elected Christopher J. Baldwin to serve as a member of the Board and appointed Mr. Baldwin as non-executive Chair of the Board, each effective March 1, 2024.”
CONSTELLATION BRANDS, INC. updated its third fiscal quarter ended November 30, 2023 guidance (raised).
“On January 5, 2024, Constellation Brands, Inc. (“Constellation” or the “Company”), a Delaware corporation, issued a news release (the “release”) announcing its financial condition and results of operations as of and for the third fiscal quarter ended November 30, 2023.”
Robert Hanson departed as Executive Vice President and President, Wine & Spirits Division at CONSTELLATION BRANDS, INC..
“On January 4, 2024, Robert Hanson, Executive Vice President and President, Wine & Spirits Division of Constellation Brands, Inc. (“Constellation” or the “Company”) and the Company mutually agreed that Mr. Hanson will step down from his role at the end of the Company’s fiscal year on February 29, 2024.”
CONSTELLATION BRANDS, INC. updated its the second fiscal quarter ended August 31, 2023 guidance (raised).
“On October 5, 2023, Constellation Brands, Inc. (“Constellation” or the “Company”), a Delaware corporation, issued a news release (the “release”) announcing its financial condition and results of operations as of and for the second fiscal quarter ended August 31, 2023.”
CONSTELLATION BRANDS, INC. shareholders rejected Stockholder proposal regarding circular packaging at the 2023-07-18 meeting.
“6. Stockholder Proposal Regarding Circular Packaging . The stockholders did not approve a stockholder proposal regarding circular packaging as set forth below: Votes For: 38,718,684 Votes Against: 114,270,768 Abstentions: 1,214,220 Broker Non-Votes: 13,771,290”
CONSTELLATION BRANDS, INC. shareholders rejected Stockholder proposal regarding greenhouse gas emissions at the 2023-07-18 meeting.
“5. Stockholder Proposal Regarding Greenhouse Gas Emissions . The stockholders did not approve a stockholder proposal regarding greenhouse gas emissions as set forth below: Votes For: 47,767,994 Votes Against: 105,301,304 Abstentions: 1,134,374 Broker Non-Votes: 13,771,290”
CONSTELLATION BRANDS, INC. shareholders approved Advisory vote on frequency of future advisory votes on executive compensation at the 2023-07-18 meeting.
“4. Proposal to Approve, by an Advisory Vote, the Frequency of Future Advisory Votes Regarding Executive Compensation . The stockholders voted for one year as the preferred frequency of future advisory votes on executive compensation as set forth below: One Year: 152,625,791 Two Years: 116,848 Three Years: 1,314,316 Abstentions: 146,717 Broker Non-Votes: 13,771,290”
CONSTELLATION BRANDS, INC. shareholders approved Advisory vote on executive compensation at the 2023-07-18 meeting.
“3. Proposal to Approve, by an Advisory Vote, the Compensation of the Company’s Named Executive Officers as Disclosed in the Proxy Statement . The stockholders approved, on an advisory basis, the compensation of the Company's named executive officers as set forth below: Votes For: 136,360,930 Votes Against: 17,560,728 Abstentions: 282,014 Broker Non-Votes: 13,771,290”
CONSTELLATION BRANDS, INC. shareholders approved Ratification of KPMG LLP as independent auditor at the 2023-07-18 meeting.
“2. Ratification of the Selection of KPMG LLP as the Company’s Independent Registered Public Accounting Firm for the Fiscal Year Ending February 29, 2024. The stockholders ratified the selection of KPMG LLP as the Company’s independent registered public accounting firm for the fiscal year ending February 29, 2024, as set forth below: Votes For: 164,246,085 Votes Against: 3,610,428 Abstentions: 118,449 Broker Non-Votes: —”
CONSTELLATION BRANDS, INC. shareholders approved Election of Directors at the 2023-07-18 meeting.
“1. Election of Directors . The stockholders elected eleven nominees to the Company's Board of Directors to serve for a one-year term extending until the 2024 annual meeting of stockholders and their successors are duly elected and qualified. The eleven directors were elected by a majority of the votes cast by the holders of the shares entitled to vote in person or represented by proxy at the Annual Meeting as set forth below: Nominee Votes For Votes Against Abstentions Broker Non-Votes Christy Clark 149,176,934 4,907,022 119,716 13,771,290 Jennifer M. Daniels 139,932,256 14,152,561 118,855 13,771,290 Nicholas I. Fink 150,953,855 3,124,729 125,088 13,771,290 Ernesto M. Hernández 143,821,110 10,253,776 128,786 13,771,290 Susan Somersille Johnson 148,603,512 5,481,936 118,224 13,771,290 José Manuel Madero Garza 146,661,695 7,418,032 123,945 13,771,290 Daniel J. McCarthy 146,598,624 7,470,841 134,207 13,771,290 William A. Newlands 152,225,058 1,851,638 126,976 13,771,290 Richard Sands 129,”
CONSTELLATION BRANDS, INC. entered into Cooperation Agreement with Elliott Investment Management L.P. valued at Appointment of two new independent directors, board size limit, standstill and voting commitments (effective 2023-07-18).
“On July 18, 2023, Constellation Brands, Inc. (“Constellation” or the “Company”) entered into a Cooperation Agreement (the “Cooperation Agreement”) with Elliott Investment Management L.P. and certain of its affiliates (collectively, “Elliott”) regarding the composition of the Company’s Board of Directors (the “Board”) and related matters.”
Luca Zaramella was appointed as Director at CONSTELLATION BRANDS, INC..
“On July 18, 2023, the size of the Board was expanded from 11 to 13 members in order to allow for the Board to appoint William T. Giles and Luca Zaramella to serve as members of the Board effective immediately.”
William T. Giles was appointed as Director at CONSTELLATION BRANDS, INC..
“On July 18, 2023, the size of the Board was expanded from 11 to 13 members in order to allow for the Board to appoint William T. Giles and Luca Zaramella to serve as members of the Board effective immediately.”
CONSTELLATION BRANDS, INC. reported the first fiscal quarter ended May 31, 2023 results: revenue $2,515, net income $136, EPS $0.74.
“First Quarter Fiscal Year 2024 Financial Highlights (1) | In millions, except per share data Reported $2,515 $765 $136 $349 $0.74 NA”
CONSTELLATION BRANDS, INC. reported the fourth fiscal quarter ended February 28, 2023 results: revenue $1,998, net income $223, EPS $1.21.
“Fourth Quarter Fiscal Year 2023 Financial Highlights (1) Reported $1,998 $467 $223 NA $1.21 NA”
CONSTELLATION BRANDS, INC. reported the fiscal year ended February 28, 2023 results: revenue $9,453, net income $(71), EPS $(0.11).
“Fiscal Year 2023 Financial Highlights (1) | In millions, except per share data Reported $9,453 $2,843 $(71) NA $(0.11) NA”
Jeremy S. G. Fowden departed as Director at CONSTELLATION BRANDS, INC..
“On March 26, 2023, Jeremy S. G. Fowden notified Constellation Brands, Inc. (the “Company”), that he will retire from the Company’s Board of Directors (the “Board”) at the end of his current term and consequently will not stand for re-election to the Board at the Company’s 2023 annual meeting of stockholders.”
James A. Locke III retired as Lead Independent Director at CONSTELLATION BRANDS, INC..
“On January 25, 2023, James A. Locke III notified Constellation Brands, Inc. (“Constellation” or the “Company”), that he will retire from the Company’s Board of Directors (the “Board”) at the end of his current term and consequently will not stand for re-election to the Board at the Company’s 2023 annual meeting of stockholders.”
CONSTELLATION BRANDS, INC. reported the third fiscal quarter ended November 30, 2022 results: revenue $2,437, net income $468, EPS $2.52. Guidance raised.
“Constellation Delivers Strong Business Performance in Q3 Fiscal 2023 Beer Business Continues to Generate Industry-Leading Growth Beer Business Fiscal 2023 Net Sales and Operating Income Growth Outlook Raised Net Sales Operating Income Net Income (Loss) Attributable to CBI Earnings Before Interest & Taxes (EBIT) Diluted Net Income (Loss) Per Share Attributable to CBI (EPS) Diluted EPS Excluding Canopy Third Quarter Fiscal Year 2023 Financial Highlights (1) | In millions, except per share data Reported $2,437 $747 $468 NA $2.52 NA”
CONSTELLATION BRANDS, INC.: The Company filed an Amended and Restated Charter with the Secretary of State of Delaware to give effect to the reclassification of its Class B common stock (effective 2022-11-10).
“On November 10, 2022, the Company filed the Amended and Restated Charter with the Secretary of the State of the State of Delaware, giving effect to the Reclassification, effective as of the Effective Time.”
CONSTELLATION BRANDS, INC. shareholders approved Approve and adopt the Amended and Restated Charter to effectuate the reclassification of Class A Common Stock at the 2022-11-09 meeting.
“Proposal 1 - Reclassification Proposal A proposal to approve and adopt the Amended and Restated Charter, which would effectuate the Reclassification, was approved as set forth below.”
CONSTELLATION BRANDS, INC. incurred term loan of $1.0 billion with Bank of America, N.A., as administrative agent, and the lenders party thereto.
“On November 10, 2022, the Company borrowed $1.0 billion under the delayed draw term loan credit agreement (the “ Credit Agreement ”) dated as of August 9, 2022, by and among the Company, Bank of America, N.A., as administrative agent, and the lenders party thereto.”
Richard Sands retired as non-executive member of the Board at CONSTELLATION BRANDS, INC..
“Mr. Richard Sands retired from his position as Executive Vice Chairman of the Board, and he will continue to serve as a non-executive member of the Board.”
Robert Sands was appointed as Non-Executive Chairman of the Board at CONSTELLATION BRANDS, INC..
“Mr. Robert Sands retired from his position as Executive Chairman of the Board and (ii) the board of directors of the Company (the “ Board ”) appointed him as Non-Executive Chairman of the Board.”
Richard Sands was appointed as Board member at CONSTELLATION BRANDS, INC..
“Pursuant to the Reclassification Agreement, the Company shall take all necessary action so that Messrs. Robert and Richard Sands become, as applicable, Non-Executive Chairman of the Board and a Board member, respectively, as of and immediately following the Effective Time.”
Robert Sands was appointed as Non-Executive Chairman of the Board at CONSTELLATION BRANDS, INC..
“Pursuant to the Reclassification Agreement, the Company shall take all necessary action so that Messrs. Robert and Richard Sands become, as applicable, Non-Executive Chairman of the Board and a Board member, respectively, as of and immediately following the Effective Time.”
James A. Sabia, Jr. changed role as Executive Vice President and President, Beer Division at CONSTELLATION BRANDS, INC..
“James A. Sabia, Jr. will assume the role of Executive Vice President and President, Beer Division”
F. Paul Hetterich changed role as Executive Vice President and Chair, Beer Division at CONSTELLATION BRANDS, INC..
“F. Paul Hetterich will assume the role of Executive Vice President and Chair, Beer Division”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.