secwatch.observer — SEC 8-K summary
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Issuer:     BROWN FORMAN CORP (BF-A)
CIK:        0000014693
Form:       8-K
Filed at:   2026-09-02T12:03:11+00:00
Accession:  0000014693-26-000048
Event type: earnings
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Brown-Forman Q1 FY2027: Net sales -1% to $911M, EPS +6% to $0.38, reaffirms outlook
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/14693/000001469326000048/0000014693-26-000048-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/14693/000001469326000048/bfb-20260902.htm
  HTML page:      https://secwatch.observer/filing/0000014693-26-000048

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