earnings
confidence high
sentiment negative
materiality 0.80
Brown-Forman FY2025 net sales -5% to $4.0B, EPS -14% to $1.84; guides FY2026 low-single-digit organic decline
BROWN FORMAN CORP
2025-FY EPS
reported $1.84
vs consensus $0.48
▲ beat
(+280.4%)
- Q4 reported net sales -7% to $894M (-3% organic); operating income -45% (-2% organic); EPS -45% to $0.31.
- FY2025 reported operating income -22% to $1.1B (+3% organic); restructuring charges of $63M from 12% workforce cut and cooperage closure.
- Tequila portfolio net sales -14% (-12% organic); U.S. net sales -7% (-2% organic); Whiskey flat (+1% organic).
- Returned $420M in dividends; received $350M from sale of Duckhorn stake; repaid $300M maturing notes.
- FY2026 outlook: organic net sales decline low-single-digit; organic operating income decline low-single-digit; effective tax rate 21-23%.