BF-B · 8-K · 20260902PR000048

Operating Cash Flow and Free Cash Flow

BROWN FORMAN CORP · 2026-09-02 · Importance 47 · Surprise 48 · In source text

Cash 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 prior-year quarter. The increase in operating cash flow primarily reflected higher net income and disciplined working capital management. Free cash flow growth reflected strong operating cash flow and lower capital expenditures, with property, plant, and equipment additions of $12 million versus $31 million a year earlier.

Key facts

• First-quarter fiscal 2027 cash flows from operations increased $13 million to $173 million and free cash flow increased $32 million to $161 million. source
• First-quarter fiscal 2027 cash provided by operating activities was $173 million, compared with $160 million in the prior-year quarter. source
• First-quarter fiscal 2027 free cash flow was $161 million, compared with $129 million in the prior-year quarter. source

Impact estimates