secwatch.observer — SEC 8-K summary
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Issuer:     BROWN FORMAN CORP (BF-A)
CIK:        0000014693
Form:       8-K
Filed at:   2026-03-04T23:59:59+00:00
Accession:  0000014693-26-000005
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Brown-Forman Q3 net sales +2% to $1.1B; YTD EPS -8% to $1.41; reaffirms outlook
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- Nine-month net sales -2% to $3.0B; operating income flat at $905M; diluted EPS -8% to $1.41.
- Q3 net sales +2% to $1.1B; operating income +21% to $340M; EPS +1% to $0.58.
- US net sales -8% (-1% organic); Emerging +16%; Travel Retail +9%; Whiskey +2%, Tequila -6%.
- Guidance reaffirmed: organic net sales and operating income decline low-single digit; capex $110-120M; tax rate 19%-21%.
- Completed $400M share repurchase in Dec 2025; dividend of $0.2310/share declared, payable April 1, 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/14693/000001469326000005/0000014693-26-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/14693/000001469326000005/bfb-20260304.htm
  HTML page:      https://secwatch.observer/filing/0000014693-26-000005

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