{"schema_version":"secwatch.filing_event.v1","accession":"0000014693-24-000152","form_type":"8-K","ticker":"BF-A","cik":"0000014693","company_name":"BROWN FORMAN CORP","filed_at":"2024-08-29T23:59:59+00:00","discovered_at":"2026-05-14T18:03:13.144804+00:00","generated_at":"2026-05-31T06:58:30.195866+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Brown-Forman Q1 net sales down 8% to $1.0B; diluted EPS falls 14% to $0.41; reaffirms FY2025 guidance","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0000014693-24-000152","json":"https://secwatch.observer/filing/0000014693-24-000152.json","markdown":"https://secwatch.observer/filing/0000014693-24-000152.md","text":"https://secwatch.observer/filing/0000014693-24-000152.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/14693/000001469324000152/0000014693-24-000152-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/14693/000001469324000152/bfb-20240829.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T06:58:30.195866+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}