Constellation brands to outline strategic foundation for continued growth at 2023 investor day

Beer business medium-term ~7-9% net sales growth and ~39-40% operating margins outlook unchanged wine & spirits business now expects medium-term ~1-3% net sales growth and ~25-26% operating margins company targeting annual low double-digit diluted eps growth (excluding canopy eie) over medium-term expects cumulative $15-17b operating cash flow and $10-12b free cash flow from fiscal 2024 to fiscal 2028 capital allocation priorities unchanged, company announces additional $2b share repurchase authorization victor, n.y., nov. 02, 2023 (globe newswire) -- constellation brands, inc. (nyse: stz), a leading beverage alcohol company, will today reinforce its strategic foundation for continued growth at its investor day hosted at 2:00 p.m.
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