BF-B · News · 20260904N
Guidance and Outlook
BROWN FORMAN CORP · 2026-09-04 · Importance 46 · Surprise 32
Brown-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 trend toward the more favorable end of the operating-income range, citing first-quarter results and business trends. CEO Lawson Whiting said the U.S. business was improving slowly and had bottomed out around December to January.
Key facts
- Brown-Forman CEO Lawson E. Whiting announced his retirement, and the board started a succession process to identify his successor and manage the leadership transition. source