Form 8-K · Current Report · Filed 2025-01-10
Constellation Brands Updates Fiscal 2025 Guidance and Declares Quarterly Dividend
Constellation Brands, Inc. issued a news release on January 10, 2025, updating its fiscal 2025 financial outlook and declaring a quarterly cash dividend. The company revised its guidance for net sales and operating income downwards and adjusted its EPS guidance. Additionally, a cash dividend of $1.01 per share of Class A Common Stock was declared, payable on February 21, 2025. The news release included non-GAAP financial measures and reconciliations to GAAP figures.
- Filer
- Constellation Brands, Inc. STZ · NYSE
- Filed
- Accession
- 0000016918-25-000003
- CIK
- 0000016918
- Signal
- High impactConsumer Defensive
- Source
- Official filing on sec.gov ↗
Items reported
Results of Operations and Financial Condition
Regulation FD Disclosure
Financial Statements and Exhibits
Market reaction
Close before filing
$219.28
Next session
-15.2%
Since filing
-40.6%
Latest close
$130.23
What happened, not what will happen — closing prices around the filing date.
Precedent
Previous filings from STZ reporting the same item, with the next session's move:
Exhibits (3)
About Constellation Brands, Inc.
Constellation Brands, Inc. is a leading international producer and marketer of beer, wine, and spirits. The company is renowned for its diverse portfolio, which includes premium labels such as Corona, Modelo, and Pacifico in its beer division, as well as high-end wines like Robert Mondavi and premium spirits. Headquartered in Victor, New York, Constellation Brands operates in various international markets, emphasizing strong growth in the beverage alcohol industry. This company primarily serves retailers, distributors, and domestic and global consumers, significantly influencing the beverage sector. Constellation Brands’ strategic acquisitions and investments in emerging market trends, such as the burgeoning premium wine segment and craft spirits movement, highlight its commitment to diversifying its offerings. Through innovation and strategic partnerships, Constellation Brands maintains a robust market position by capitalizing on consumer preferences and expanding its global footprint. This dynamic approach underscores its importance in shaping trends and meeting the evolving demands in the beverage alcohol industry, enhancing its substantial role in the broader financial market landscape.
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