Constellation Brands Files 8-K
Ticker: STZ · Form: 8-K · Filed: Dec 3, 2024 · CIK: 16918
| Field | Detail |
|---|---|
| Company | Constellation Brands, Inc. (STZ) |
| Form Type | 8-K |
| Filed Date | Dec 3, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: 8-K, disclosure, filing
Related Tickers: STZ
TL;DR
STZ filed an 8-K, standard update, no major news yet.
AI Summary
Constellation Brands, Inc. filed an 8-K on December 3, 2024, reporting on other events and financial statements. The filing does not contain specific details about new material events, acquisitions, or financial results, but rather serves as a procedural update.
Why It Matters
This 8-K filing by Constellation Brands is a routine disclosure that may contain updates on corporate events or financial information, important for investors monitoring the company's activities.
Risk Assessment
Risk Level: low — The filing is a routine 8-K with no immediately apparent material adverse information or significant strategic shifts.
Key Players & Entities
- CONSTELLATION BRANDS, INC. (company) — Registrant
- 0000016918 (company) — Central Index Key
- 16-0716709 (company) — IRS Employer Identification No.
- 001-08495 (company) — Commission File Number
- December 3, 2024 (date) — Date of Report
FAQ
What is the primary purpose of this 8-K filing for Constellation Brands?
The primary purpose of this 8-K filing is to report on 'Other Events' and 'Financial Statements and Exhibits' as of December 3, 2024.
What specific material event is detailed in this 8-K filing?
This 8-K filing does not detail a specific material event; it is a general current report.
When was this 8-K filed by Constellation Brands?
This 8-K was filed on December 3, 2024.
What is Constellation Brands' state of incorporation?
Constellation Brands, Inc. is incorporated in Delaware.
What is the principal executive office address for Constellation Brands?
The address of the principal executive offices is 50 East Broad Street, Rochester, NY 14614.
Filing Stats: 628 words · 3 min read · ~2 pages · Grade level 11.2 · Accepted 2024-12-03 07:33:55
Filing Documents
- stz-20241203.htm (8-K) — 29KB
- stzex991_12320248k.htm (EX-99.1) — 19KB
- pressreleaseheader.jpg (GRAPHIC) — 181KB
- pressreleasep2.jpg (GRAPHIC) — 298KB
- 0000016918-24-000198.txt ( ) — 859KB
- stz-20241203.xsd (EX-101.SCH) — 2KB
- stz-20241203_def.xml (EX-101.DEF) — 14KB
- stz-20241203_lab.xml (EX-101.LAB) — 25KB
- stz-20241203_pre.xml (EX-101.PRE) — 15KB
- stz-20241203_htm.xml (XML) — 3KB
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure. On December 3, 2024, Constellation Brands, Inc. ("Constellation" or the "Company") issued a news release (the "release") announcing that it has signed an agreement to divest the SVEDKA brand. A copy of this release is furnished herewith as Exhibit 99.1 and is incorporated herein by reference. References to Constellation's website and/or other social media sites or platforms in the release do not incorporate by reference the information on such websites, social media sites, or platforms into this Current Report on Form 8-K, and Constellation disclaims any such incorporation by reference. The information in the release attached as Exhibit 99.1 is incorporated by reference into this Item 7.01 in satisfaction of the public disclosure requirements of Regulation FD. This information is "furnished" and not "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 and is not otherwise subject to the liabilities of that section. Such information may be incorporated by reference in another filing under the Securities Exchange Act of 1934 or the Securities Act of 1933 only if and to the extent such subsequent filing specifically references the information incorporated by reference herein.
01 Other Events
Item 8.01 Other Events. On December 3, 2024, the Company announced that it has signed an agreement with Sazerac to divest its SVEDKA brand. This transaction is subject to customary closing conditions, including receipt of regulatory approvals, and is expected to close in the coming months.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. INDEX TO EXHIBITS Exhibit No. Description 99.1 News Release of Constellation Brands, Inc. dated December 3 , 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: December 3, 2024 CONSTELLATION BRANDS, INC. By: /s/ Garth Hankinson Garth Hankinson Executive Vice President and Chief Financial Officer