BF-B · Consumer
BROWN FORMAN CORP
Ranked earnings events from SEC filings, earnings calls, press releases and news. Full Picture: everything published this earnings window
News · 2026-10-15
- Dividend DeclarationImportance 13 · Surprise 6Brown-Forman declared a quarterly dividend of $0.231 per share, equivalent to $0.924 annually. The company has paid regular dividends for 82 consecutive years and increased its dividend for 42 consecutive years. At a…
News · 2026-10-02
- Market Demand TrendsImportance 17 · Surprise 24Third-party reporting attributed Brown-Forman’s first-quarter fiscal 2027 sales weakness to tequila and barrels. The digest provides no sales figures, geographic detail, or explanation of the barrel-related weakness.
News · 2026-09-17
- Senior Notes IssuanceImportance 67 · Surprise 42Brown-Forman priced $500 million of 5.375% senior unsecured notes due October 15, 2031, with a five-year term. The company said it intends to use the net proceeds for general corporate purposes, including potentially…
News · 2026-09-09
- Acquisition / Partnership / DivestitureImportance 23 · Surprise 24Brown-Forman expanded its distribution partnership with Coca-Cola HBC to Switzerland, where the bottler is scheduled to begin distributing the company’s spirits brands next month. Switzerland is the twelfth territory…
- Revenue Performance and MixImportance 18 · Surprise 14In the year to the end of April, Brown-Forman generated sales of $3.93 billion, down 1.1% year over year. The US represented 42% of sales, and US sales declined 7%. US organic performance was flat.
News · 2026-09-04
- Guidance and OutlookImportance 46 · Surprise 32Brown-Forman maintained its fiscal 2027 outlook for approximately flat organic net sales and a 3%–5% decline in organic operating income. CFO Jim Peters said the company had increased confidence that results would…
News · 2026-09-03
- Guidance / OutlookImportance 46 · Surprise 32Brown-Forman maintained its fiscal 2027 outlook for approximately flat organic net sales. It forecast a 3% to 5% decline in organic operating income for the year. CFO Jim Peters said the company had increased…
- Ready-to-Drink Product GrowthImportance 46 · Surprise 56Brown-Forman's Ready-to-Drink sales rose 20% in the first quarter, with New Mix sales jumping 48%. New Mix and other ready-to-drink products helped offset weakness in tequila and used-barrel sales. Jack Daniel's…
- Revenue Performance and MixImportance 31 · Surprise 32Brown-Forman reported first-quarter fiscal 2027 net sales of $911 million, down 1% year over year, while organic net sales also declined 1%. Ready-to-Drink sales rose 20%, led by a 48% increase in New Mix, partially…
- Geographic Market CommentaryImportance 25 · Surprise 32Emerging International organic net sales grew 9%, led by Mexico and the UAE, while Developed International organic net sales declined 8%. Australia grew 4%. The reports also described Germany, France and the UK as soft…
- Market Demand TrendsImportance 23 · Surprise 24Brown-Forman said alcohol demand in developed markets is likely to remain weak through fiscal 2027, with U.S. consumers becoming more cautious and health-conscious behavior and GLP-1 use also weighing on consumption.…
- Macroeconomic Consumer PressureImportance 23 · Surprise 24Brown-Forman said alcohol demand in developed markets is likely to remain weak through fiscal 2027. The company attributed pressure in the U.S. to more cautious consumer spending, health-conscious behavior, and growing…
8-K · 2026-09-02
- Capital Expenditure OutlookImportance 69 · Surprise 64Brown-Forman planned fiscal 2027 capital expenditures of $60 million to $70 million. First-quarter additions to property, plant, and equipment were $12 million, down from $31 million in the prior-year quarter. The…
- Operating Cash Flow and Free Cash FlowImportance 47 · Surprise 48Cash provided by operating activities increased $13 million year over year to $173 million for the three months ended July 31, 2026. Free cash flow rose $32 million to $161 million, compared with $129 million in the…
- Guidance and OutlookImportance 47 · Surprise 32For fiscal 2027, Brown-Forman expects a challenging operating environment as macroeconomic pressures and geopolitical instability continue to negatively affect consumer behavior and beverage alcohol consumption,…
- Restructuring and HeadcountImportance 40 · Surprise 42Brown-Forman’s restructuring initiative included a planned workforce reduction of approximately 12% and closure of the Louisville-based Brown-Forman Cooperage. The company said the actions were substantially completed…
- Debt and Liquidity PositionImportance 38 · Surprise 24Brown-Forman repaid $343 million (€300 million) of 1.20% senior notes at maturity on July 7, 2026. At July 31, 2026, cash and cash equivalents were $301 million, long-term debt was $2.083 billion, and short-term…
- Geographic Revenue PerformanceImportance 35 · Surprise 48Emerging markets net sales increased 11% reported and 9% organically in the first quarter of fiscal 2027, led by Mexico, where net sales rose 26% reported and 15% organically. Developed International net sales declined…
- Ready-to-Drink Product GrowthImportance 35 · Surprise 48Brown-Forman’s Ready-to-Drink portfolio net sales increased 20% reported and 11% organically in the first quarter of fiscal 2027. New Mix net sales rose 48% reported and 36% organically, supported by strong consumer…
- Tequila Portfolio DemandImportance 30 · Surprise 40Tequila portfolio net sales declined 12% reported and 13% organically. Herradura sales decreased 17% reported and 18% organically, driven by lower U.S. volumes and lower net pricing in Mexico. el Jimador sales fell 10%…
- Geographic Market CommentaryImportance 25 · Surprise 32U.S. net sales declined 3% reported but were flat organically, reflecting the end of the Korbel relationship, lower distributor inventories, and lower Jack Daniel’s Tennessee Blackberry volumes; higher Tennessee…
- Distributor Inventory TrendsImportance 25 · Surprise 32Estimated distributor inventories decreased year over year in the United States, Developed International, and Emerging markets by 4%, 2%, and 3%, respectively; Travel Retail inventories increased 1%. By product,…
- Revenue Performance and MixImportance 24 · Surprise 14First-quarter fiscal 2027 net sales decreased 1% to $911 million from $924 million, also down 1% organically. Ready-to-Drink net sales grew 20% reported and 11% organically, led by New Mix, which rose 48% reported and…
- Gross and Operating MarginsImportance 24 · Surprise 14Gross margin expanded 40 basis points to 60.2% in the first quarter of fiscal 2027, with gross profit down 1% reported and up 1% organically. Lower costs and the end of the Korbel relationship supported gross margin,…
- Dividend DeclarationImportance 18 · Surprise 14On July 23, 2026, the board declared a regular quarterly cash dividend of $0.2310 per share on Class A and Class B common stock. The dividend is payable October 1, 2026, to stockholders of record on September 3, 2026.…
News · 2026-09-02
- Guidance / OutlookImportance 46 · Surprise 32Brown-Forman maintained its fiscal 2027 outlook for approximately flat organic net sales. It forecast a 3% to 5% decline in organic operating income for the year. CFO Jim Peters said the company had increased…
- Guidance and OutlookImportance 46 · Surprise 32Brown-Forman maintained its fiscal 2027 outlook for approximately flat organic net sales and a 3%–5% decline in organic operating income. CFO Jim Peters said the company had increased confidence that results would…
- Operating Cash Flow TrendsImportance 35 · Surprise 48Brown-Forman generated $173 million of operating cash flow in the first quarter, up $13 million year over year. Free cash flow increased $32 million to $161 million. The reported improvement in free cash flow exceeded…
- Revenue Performance and MixImportance 31 · Surprise 32Brown-Forman reported first-quarter fiscal 2027 net sales of $911 million, down 1% year over year, while organic net sales also declined 1%. Ready-to-Drink sales rose 20%, led by a 48% increase in New Mix, partially…
- Operating Margin DriversImportance 25 · Surprise 32Brown-Forman's gross margin expanded 40 basis points to 60.2% in the first quarter of fiscal 2027. Reported operating income declined 3%, while organic operating income increased 4%. The company cited higher-cost…