secwatch.observer — SEC 8-K summary
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Issuer:     BROWN FORMAN CORP (BF-A)
CIK:        0000014693
Form:       8-K
Filed at:   2023-12-06T23:59:59+00:00
Accession:  0000014693-23-000162
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/14693/000001469323000162/0000014693-23-000162-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/14693/000001469323000162/bfb-20231206.htm
  HTML page:      https://secwatch.observer/filing/0000014693-23-000162

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