Constellation Brands Affirms FY24 Operating Cash Flow Target Of $2.4B- $2.6B And Free Cash Flow Projection Of $1.2B-$1.3B
Portfolio Pulse from Benzinga Newsdesk
Constellation Brands has reaffirmed its FY24 operating cash flow target of $2.4B-$2.6B and free cash flow projection of $1.2B-$1.3B.
June 30, 2023 | 11:36 am
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Constellation Brands has confirmed its FY24 operating cash flow target of $2.4B-$2.6B and free cash flow projection of $1.2B-$1.3B.
The reaffirmation of cash flow targets by Constellation Brands indicates stability in their financial planning. This could be seen as a positive sign by investors, but it does not necessarily indicate a significant change in the company's financial position or stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100