Brown-Forman Q2 net sales up 1% to $1.1B; revises FY24 organic net sales growth outlook to 3-5%

BROWN FORMAN CORP

2024-Q2 EPS reported $0.98 revenue$2,145,000,000

Q2 reported net sales $1.1B (+1%, organic -1%); diluted EPS $0.50 (+6%).
First half net sales $2.1B (+2%, organic +1%); diluted EPS $0.98 (-1%).
Board authorized $400M share repurchase program through Oct 2024.
Quarterly dividend increased 6% to $0.2178 payable Jan 2, 2024.
FY24 outlook: organic net sales growth 3-5%, organic operating income growth 4-6%.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

BROWN FORMAN CORP reported financial results for second quarter and first half of fiscal 2024 ended October 31, 2023.

Period: second quarter and first half of fiscal 2024 ended October 31, 2023
Result: reported results

Exact text from the filing

On December 6, 2023, Brown-Forman Corporation issued a press release reporting its operating results for the second fiscal quarter and six month period ended October 31, 2023.

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Source: SEC EDGAR

accession 0000014693-23-000162

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