secwatch.observer — SEC 8-K summary
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Issuer:     BROWN FORMAN CORP (BF-A)
CIK:        0000014693
Form:       8-K
Filed at:   2022-12-07T23:59:59+00:00
Accession:  0000014693-22-000145
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/14693/000001469322000145/0000014693-22-000145-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/14693/000001469322000145/bfb-20221207.htm
  HTML page:      https://secwatch.observer/filing/0000014693-22-000145

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