{"schema_version":"secwatch.filing_event.v1","accession":"0000014693-25-000055","form_type":"8-K","ticker":"BF-A","cik":"0000014693","company_name":"BROWN FORMAN CORP","filed_at":"2025-06-05T23:59:59+00:00","discovered_at":"2026-05-14T18:02:48.392645+00:00","generated_at":"2026-05-19T21:43:35.290567+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Brown-Forman FY2025 net sales -5% to $4.0B, EPS -14% to $1.84; guides FY2026 low-single-digit organic decline","bullets":["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%."],"urls":{"canonical":"https://secwatch.observer/filing/0000014693-25-000055","json":"https://secwatch.observer/filing/0000014693-25-000055.json","markdown":"https://secwatch.observer/filing/0000014693-25-000055.md","text":"https://secwatch.observer/filing/0000014693-25-000055.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/14693/000001469325000055/0000014693-25-000055-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/14693/000001469325000055/bfb-20250605.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-19T21:43:35.290567+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"}