---
schema_version: "secwatch.filing_event.v1"
accession: "0000014693-22-000145"
form_type: "8-K"
ticker: "BF-A"
cik: "0000014693"
company_name: "BROWN FORMAN CORP"
filed_at: "2022-12-07T23:59:59+00:00"
generated_at: "2026-06-21T08:05:18.637109+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Brown-Forman reports H1 net sales +11%; raises FY outlook, increases dividend 9%

## Summary
- First half net sales $2.1B (+11% reported, +17% organic); diluted EPS $0.99 (+11%).
- Q2 net sales $1.1B (+10% reported, +16% organic); operating income $313M (-2%); EPS $0.47 (-4%).
- Board approved 9% dividend increase to $0.2055/share; payable Jan 3, 2023 to holders of record Dec 2, 2022.
- Raised FY guidance: organic net sales growth high-single digit; organic operating income high-single digit; tax rate 22-23%; capex $190-$210M.

## SEC filing metadata
- accession: 0000014693-22-000145
- form_type: 8-K
- ticker: BF-A
- cik: 0000014693
- company_name: BROWN FORMAN CORP
- filed_at: 2022-12-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/14693/000001469322000145/0000014693-22-000145-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/14693/000001469322000145/bfb-20221207.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000014693-22-000145
- JSON: https://secwatch.observer/filing/0000014693-22-000145.json
- Plain text: https://secwatch.observer/filing/0000014693-22-000145.txt

## Key facts
- Earnings Releases
  BROWN FORMAN CORP reported second fiscal quarter ended October 31, 2022 results: revenue $1.1 billion, EPS $0.47. Guidance raised.
  - Period: second fiscal quarter ended October 31, 2022
  - Revenue: $1.1 billion
  - EPS: $0.47
  - Guidance: raised
  - Result: reported results
  source text: For the second quarter, reported net sales 1 increased 10% to $1.1 billion (+16% on an organic basis 2 ) compared to the same prior-year period.
  evidence_url: https://www.sec.gov/Archives/edgar/data/14693/000001469322000145/0000014693-22-000145-index.htm
- Earnings Releases
  BROWN FORMAN CORP reported six month period ended October 31, 2022 results: revenue $2.1 billion, EPS $0.99. Guidance raised.
  - Period: six month period ended October 31, 2022
  - Revenue: $2.1 billion
  - EPS: $0.99
  - Guidance: raised
  - Result: reported results
  source text: For the first six months of the fiscal year, reported net sales increased 11% to $2.1 billion (+17% on an organic basis) compared to the same prior-year period.
  evidence_url: https://www.sec.gov/Archives/edgar/data/14693/000001469322000145/0000014693-22-000145-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.