Constellation Brands said net sales for the Q3 ended November 30, 2024 were $2,463.8 million, a 0% change from the prior-year period, reported diluted EPS was $3.39, and comparable diluted EPS was $3.25.

1. 01

   Constellation Brands said net sales for the Q3 ended November 30, 2024 were $2,463.8 million, a 0% change from the prior-year period, reported diluted EPS was $3.39, and comparable diluted EPS was $3.25.

2. 02

   The company said Beer Business net sales for Q3 were $2,032.4 million, up 3%, and Wine and Spirits Business net sales were $431.4 million, down 14%. It said Wine and Spirits shipment volumes declined 16.4%.

3. 03

   Constellation Brands provided fiscal 2025 reported EPS guidance of $3.90 to $4.30 and comparable EPS guidance of $13.40 to $13.80. It said operating cash flow is targeted at $2.9 billion to $3.1 billion and free cash flow at $1.6 billion to $1.8 billion.

4. 04

   The company said operating cash flow for the 9 months ended November 30, 2024 was $2,557.5 million, share repurchases were $668.1 million, and dividend payments were $551.3 million. It declared a quarterly cash dividend of $1.01 per share of Class A Common Stock on January 8, 2025.

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AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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