Brown-Forman Corp
BF.A
ISIN null / Valor 914431
Brown-Forman Corp
UMushroom community rating:
About company
Brown-Forman Corporation is a global producer and marketer of alcoholic beverages with corporate offices and production facilities in over 70 cities worldwide. The company develops and distributes a diversified portfolio of well-recognized brands across various segments of the spirits and wine markets. With a focus on premium products, Brown-Forman leverages its established production and distribution network to serve both domestic and international consumers. Its operational scale and geographic spread reflect its role as a significant player in the alcoholic beverage industry, balancing a heritage of well-known brands with strategic market expansion.
Summarized from source with an LLMView SourceSector: Consumer Non-CyclicalsLatest Results (17.11.2025):
Brown‑Forman Corp’s Q1 Fiscal 2026 report shows a challenging quarter with net sales declining 3% to $924 million, operating income down 7% at $260 million, and diluted earnings per share falling 13% to $0.36 compared to the prior-year period. The results, which also highlight organic growth adjustments and margin improvements from divestitures, reflect the company’s efforts to navigate headwinds in both domestic and international markets while maintaining a strong dividend track record.
Net Sales and Operating Income
In the first quarter of fiscal 2026, Brown‑Forman reported net sales of $924 million—a 3% decline driven largely by the absence of the prior-year TSA—yet organic growth was slightly positive at 1%. Operating income fell by 7% to $260 million, with a modest 2% organic improvement, reflecting the influence of foreign exchange and restructuring costs.
Brand and Market Performance
Brand performance was mixed: Whiskey category sales were flat due to offsetting factors, while the Tequila portfolio experienced minor declines overall. Specific market trends included strong growth in emerging markets (+20%) and the Travel Retail channel (+8%), counterbalanced by declines in the United States and Developed International markets.
Cost Management and Margin Adjustments
Despite reduced sales and operating income, Brown‑Forman managed to expand its gross margin by 40 basis points, benefiting from divestitures and cost initiatives. In addition, advertising and SG&A expenses were well controlled with declines of 4% and 6%, respectively, contributing to improved cost management amidst restructuring-related charges.
Financial Stewardship and Outlook
The company reaffirmed its full-year outlook in a challenging environment, underpinned by strategic initiatives, ongoing dividend commitment, and focused efforts on new product innovation. The Board declared a quarterly dividend of $0.2265 per share, reinforcing its long history of consistent dividend growth, even as it navigates fiscal headwinds.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
8638 M
Market cap (USD)
5,211,982
Daily traded volume (Shares)
38.01 / 37.28
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
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P/E ratio
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EPS (USD)
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Ratings & reviews
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