earnings
confidence high
sentiment neutral
materiality 0.55
Brown-Forman Q1 FY2027: Net sales -1% to $911M, EPS +6% to $0.38, reaffirms outlook
BROWN FORMAN CORP
- Q1 FY2027 net sales $911M, down 1% reported and organic; operating income $252M, down 3% reported, up 4% organic.
- Diluted EPS $0.38, up 6% YoY; free cash flow $161M, up $32M; cash from ops $173M, up $13M.
- Ready-to-Drink sales +20% (New Mix +48%); Tequila -12%; US -3% (flat organic); Emerging +11%.
- Reaffirms FY2027 outlook: organic net sales ~flat, organic operating income -3% to -5%, tax 20-22%, capex $60-70M.
- Declared quarterly dividend $0.2310/share, payable Oct 1, 2026; repaid €300M 1.20% senior notes on July 7, 2026.