{"schema_version":"secwatch.filing_event.v1","accession":"0000014693-23-000065","form_type":"8-K","ticker":"BF-A","cik":"0000014693","company_name":"BROWN FORMAN CORP","filed_at":"2023-06-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:38.960026+00:00","generated_at":"2026-06-14T05:44:56.074441+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Brown-Forman FY2023 net sales +8% to $4.2B; EPS -7% to $1.63; guides FY2024 organic sales +5-7%","bullets":["Q4 net sales $1.0B (+5% reported, +4% organic); operating income $298M (+21%); diluted EPS $0.43 (+36%).","Full-year net sales $4.2B (+8% reported, +10% organic); operating income $1.1B (-6% reported, +8% organic).","Gross margin contracted 180 bps to 59.0%; recognized $96M non-cash impairment on Finlandia brand name.","FY2024 outlook: organic net sales growth 5-7%, organic operating income growth 6-8%, capex $250-270M, effective tax rate 21-23%.","Returned $378M to stockholders via dividends; paid regular dividends for 79 consecutive years."],"urls":{"canonical":"https://secwatch.observer/filing/0000014693-23-000065","json":"https://secwatch.observer/filing/0000014693-23-000065.json","markdown":"https://secwatch.observer/filing/0000014693-23-000065.md","text":"https://secwatch.observer/filing/0000014693-23-000065.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/14693/000001469323000065/0000014693-23-000065-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/14693/000001469323000065/bfb-20230607.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T05:44:56.074441+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"cb1bc1e89f586e68731563e1b824e70c48ca4e13","claim":"BROWN FORMAN CORP reported financial results for fourth fiscal quarter and fiscal year ended April 30, 2023.","evidence_excerpt":"On June 7, 2023, Brown-Forman Corporation issued a press release reporting its operating results for the fourth fiscal quarter and fiscal year ended April 30, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/14693/000001469323000065/0000014693-23-000065-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fourth fiscal quarter and fiscal year ended April 30, 2023"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}