earnings
confidence high
sentiment negative
materiality 0.75
Brown-Forman Q1 net sales down 8% to $1.0B; diluted EPS falls 14% to $0.41; reaffirms FY2025 guidance
BROWN FORMAN CORP
2025-Q1 EPS reported
$0.41
revenue$951,000,000
- Operating income down 14% to $281M (-13% organic); gross margin contracted 330 bps to 59.4%.
- Net sales decreased 8% to $1.0B; organic net sales down 4%; declines led by Jack Daniel's Tennessee Whiskey and Tequila portfolio.
- Whiskey net sales fell 5% (-3% organic); Tequila down 23% (-23% organic); RTD down 12% (-4% organic).
- FY2025 outlook reaffirmed: organic net sales growth 2%-4%, organic operating income growth 2%-4%.
- Regular quarterly dividend of $0.2178 per share declared, payable Oct 1, 2024 to holders of record Sep 3, 2024.