secwatch.observer — SEC 8-K summary
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Issuer:     BROWN FORMAN CORP (BF-A)
CIK:        0000014693
Form:       8-K
Filed at:   2025-12-04T23:59:59+00:00
Accession:  0000014693-25-000107
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Brown-Forman Q2 net sales -5% to $1.0B, EPS -14%; reaffirms FY guidance
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- Q2 reported net sales down 5% to $1.0B; operating income -10% to $305M; EPS $0.47 (-14% YoY).
- First half net sales -4% to $2.0B; operating income -9% to $565M; EPS $0.83 (-13%).
- Dividend increased 2% to $0.2310/share (42nd consecutive year); $400M share repurchase authorized.
- Capex guidance trimmed to $110-120M from $125-135M; full-year organic sales & op income outlook reaffirmed.
- Whiskey flat, Tequila -3%; Travel Retail +7% but US -9% and Developed International -4%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/14693/000001469325000107/0000014693-25-000107-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/14693/000001469325000107/bfb-20251204.htm
  HTML page:      https://secwatch.observer/filing/0000014693-25-000107

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