Recent 8-K filings for BF-A

• June 4, 2026, 8:02 AM ET earnings materiality 0.65 neutral item 2.02item 9.01 ◈ Earnings Releases

  Brown-Forman reports FY 2026 net sales flat, operating income -10%, EPS -17%; guides FY 2027 flat sales

  Full year net sales $3.9B, down 1% reported (flat organic); Q4 net sales $912M, up 2% reported (+2% organic).

• April 28, 2026, 7:59 PM ET M&A materiality 0.60 neutral item 7.01item 9.01

  Brown-Forman and Pernod Ricard terminate talks for potential combination

  Companies unable to reach mutually agreeable terms.

• March 27, 2026, 7:59 PM ET M&A materiality 0.80 positive item 7.01item 9.01

  Brown-Forman confirms merger-of-equals discussions with Pernod Ricard

  Discussions with Pernod Ricard regarding a potential business combination akin to a merger of equals.

• March 16, 2026, 7:59 PM ET leadership materiality 0.60 neutral item 5.02item 7.01item 9.01

  Brown-Forman appoints Jim Peters as CFO effective March 31, 2026

  Jim Peters, formerly EVP at Whirlpool, succeeds Leanne Cunningham who retires May 1, 2026.

• March 4, 2026, 6:59 PM ET earnings materiality 0.65 neutral item 2.02item 9.01 ◈ Earnings Releases ×2

  Brown-Forman Q3 net sales +2% to $1.1B; YTD EPS -8% to $1.41; reaffirms outlook

  Nine-month net sales -2% to $3.0B; operating income flat at $905M; diluted EPS -8% to $1.41.

• December 4, 2025, 6:59 PM ET earnings materiality 0.80 negative item 2.02item 9.01

  Brown-Forman Q2 net sales -5% to $1.0B, EPS -14%; reaffirms FY guidance

  Q2 reported net sales down 5% to $1.0B; operating income -10% to $305M; EPS $0.47 (-14% YoY).

• October 31, 2025, 7:59 PM ET other material materiality 0.35 neutral item 5.02item 9.01

  Brown-Forman adopts executive change-in-control severance plan effective Oct 31, 2025

  CEO receives 3.0x severance multiple (base salary plus higher of target or earned bonus); other ELT members 2.0x.

• October 2, 2025, 7:59 PM ET other material materiality 0.50 positive item 7.01item 8.01item 9.01

  Brown-Forman board approves $400M share repurchase program through Oct 2026

  Board approved $400M share repurchase authorization from Oct 1, 2025 to Oct 1, 2026.

• August 28, 2025, 7:59 PM ET earnings materiality 0.65 negative item 2.02item 9.01

  Brown-Forman Q1 net sales -3% to $924M; diluted EPS -13% to $0.36; reaffirms FY outlook

  Net sales declined 3% to $924M; organic net sales up 1%; operating income -7% to $260M (+2% organic).

• August 25, 2025, 7:59 PM ET leadership materiality 0.55 neutral item 5.02item 7.01item 9.01

  Brown-Forman CFO Leanne Cunningham to retire on May 1, 2026; search for successor started

  Cunningham informed company of retirement effective May 1, 2026 after 30 years of service.

• July 24, 2025, 7:59 PM ET other material materiality 0.50 positive item 5.07item 7.01item 9.01

  Brown-Forman elects directors, names Marshall Farrer Chairman; declares $0.2265 dividend

  All 11 director nominees elected; Marshall B. Farrer named Chairman, succeeding Campbell P. Brown.

• June 5, 2025, 7:59 PM ET earnings materiality 0.80 negative item 2.02item 9.01

  Brown-Forman FY2025 net sales -5% to $4.0B, EPS -14% to $1.84; guides FY2026 low-single-digit organic decline

  Q4 reported net sales -7% to $894M (-3% organic); operating income -45% (-2% organic); EPS -45% to $0.31.

• April 28, 2025, 7:59 PM ET leadership materiality 0.55 neutral item 5.02 ◈ executive_change

  Brown-Forman EVP Marshall B. Farrer resigns as Chief Strategic Growth Officer to become Chairman

  Marshall B. Farrer resigns as EVP, Chief Strategic Growth Officer effective after 2025 Annual Meeting; will become Chairman.

• April 3, 2025, 7:59 PM ET debt materiality 0.30 neutral item 1.01

  Brown-Forman extends credit facility maturity to May 2029

  Effective April 1, 2025, lenders agreed to extend the existing credit agreement by one year.

• March 5, 2025, 6:59 PM ET earnings materiality 0.70 neutral item 2.02item 9.01

  Brown-Forman Q3 organic net sales +6%; reaffirms FY2025 2-4% growth

  Q3 reported net sales -3% to $1.0B (organic +6%); operating income -25% to $280M (organic +23%).

• January 14, 2025, 6:59 PM ET other material materiality 0.75 neutral item 2.05 ◈ Restructurings & Charges

  Brown-Forman approves restructuring: 12% headcount cut, Louisville cooperage closure, $70-80M annual savings

  Plan approved Jan 13, 2025; worldwide headcount reduction of ~12% and closure of Louisville, KY cooperage facility.

• December 19, 2024, 6:59 PM ET leadership materiality 0.35 neutral item 5.02

  Brown-Forman names Angela Enyard as CAO; Kelli Brown to retire

  Angela Enyard promoted to SVP, Chief Accounting Officer effective May 1, 2025.

• December 5, 2024, 6:59 PM ET earnings materiality 0.70 neutral item 2.02item 9.01

  Brown-Forman reports H1 FY25 net sales -5%; reaffirms 2-4% organic growth outlook

  First half reported net sales $2.0B (-5%); flat organic; operating income -7% (-3% organic); diluted EPS $0.96 (-3%).

• August 29, 2024, 7:59 PM ET earnings materiality 0.75 negative item 2.02item 9.01

  Brown-Forman Q1 net sales down 8% to $1.0B; diluted EPS falls 14% to $0.41; reaffirms FY2025 guidance

  Operating income down 14% to $281M (-13% organic); gross margin contracted 330 bps to 59.4%.

• July 25, 2024, 7:59 PM ET other material materiality 0.25 neutral item 5.07item 7.01item 9.01

  Brown-Forman elects director Musselman, declares $0.2178 dividend

  W. Austin Musselman Jr. elected to Board, replacing Stuart R. Brown who did not stand for re-election.

• June 5, 2024, 7:59 PM ET earnings materiality 0.75 neutral item 2.02item 9.01

  Brown-Forman reports FY2024 net sales down 1% organically; guides FY2025 organic growth 2-4%

  Reported net sales $4.2B (-1% organic); operating income +25% to $1.4B (organic -2%).

• May 8, 2024, 7:59 PM ET leadership materiality 0.45 neutral item 5.02item 7.01item 9.01 ◈ executive_change ×2

  Brown-Forman announces leadership change in Emerging International: Masick named President, Hinrichs retires

  Thomas Hinrichs to retire as President, Emerging International effective June 30, 2024, after 28 years with the company.

• May 2, 2024, 7:59 PM ET leadership materiality 0.40 neutral item 5.02 ◈ executive_change

  Brown-Forman EVP Chief People, Places & Communications Officer to retire Aug 9

  Kirsten M. Hawley, EVP Chief People, Places and Communications Officer, retires effective August 9, 2024.

• March 6, 2024, 6:59 PM ET earnings materiality 0.75 negative item 2.02item 9.01 ◈ Earnings Releases ×2

  Brown-Forman Q3 EPS +189% to $0.60, cuts FY organic sales outlook to flat

  Nine-month diluted EPS $1.58 (+32%), reported net sales $3.2B (+1%) but organic flat.

• January 26, 2024, 6:59 PM ET other materiality 0.10 neutral item 5.03item 9.01 ◈ Governance Changes

  Brown-Forman removes Board age limit via bylaw amendment effective Jan 23, 2024

  Board of Directors removed the age limitation for director service from the company's bylaws.

• January 10, 2024, 6:59 PM ET leadership materiality 0.60 neutral item 5.02item 7.01item 9.01 ◈ executive_change ×2

  Brown-Forman GC Matt Hamel to retire May 1; Mike Carr named successor

  Matthew Hamel, EVP General Counsel & Secretary, retiring effective May 1, 2024.

• December 6, 2023, 6:59 PM ET earnings materiality 0.75 neutral item 2.02item 9.01 ◈ Earnings Releases

  Brown-Forman Q2 net sales up 1% to $1.1B; revises FY24 organic net sales growth outlook to 3-5%

  Q2 reported net sales $1.1B (+1%, organic -1%); diluted EPS $0.50 (+6%).

• November 16, 2023, 6:59 PM ET other materiality 0.15 neutral item 5.07

  Brown-Forman Board sets say-on-pay vote frequency at every three years

  At July 2023 annual meeting, 90.53% of votes cast favored triennial advisory votes on executive compensation.

• October 2, 2023, 7:59 PM ET other material materiality 0.55 positive item 7.01item 8.01item 9.01

  Brown-Forman authorizes $400M share repurchase program through Oct 2024

  $400M share repurchase authorization for Class A and B common stock.

• August 30, 2023, 7:59 PM ET earnings materiality 0.70 negative item 2.02item 9.01 ◈ Earnings Releases

  Brown-Forman Q1 net sales up 3%, operating income down 4%, EPS $0.48, reaffirms FY guidance

  Reported net sales $1.0B (+3% reported, +2% organic); operating income $327M (-4% reported, -6% organic).

• July 27, 2023, 7:59 PM ET other material materiality 0.40 neutral item 5.07item 7.01item 9.01 ◈ Shareholder Votes ×4

  Brown-Forman elects Eliza Brown to board; declares $0.2055 quarterly dividend

  Eliza Brown (fifth-generation descendant) elected to board, replacing Augusta Brown Holland who did not stand for re-election.

• June 7, 2023, 7:59 PM ET earnings materiality 0.70 neutral item 2.02item 9.01 ◈ Earnings Releases

  Brown-Forman FY2023 net sales +8% to $4.2B; EPS -7% to $1.63; guides FY2024 organic sales +5-7%

  Q4 net sales $1.0B (+5% reported, +4% organic); operating income $298M (+21%); diluted EPS $0.43 (+36%).

• May 31, 2023, 7:59 PM ET leadership materiality 0.20 neutral item 5.02 ◈ executive_change

  Lead Independent Director John D. Cook will not seek re-election at 2023 Annual Meeting after 15 years on board

  John D. Cook notified Brown-Forman on May 24, 2023 of his decision not to stand for re-election.

• May 30, 2023, 7:59 PM ET debt materiality 0.45 neutral item 1.01item 2.03item 9.01 ◈ Material Agreements

  Brown-Forman enters $900M revolver, up from $800M; matures May 2028

  New $900M unsecured revolving credit facility replaces existing $800M facility; matures May 26, 2028.

• March 23, 2023, 7:59 PM ET debt materiality 0.60 neutral item 1.01item 2.03item 9.01 ◈ Material Agreements ×2◈ Debt Financings

  Brown-Forman issues $650M of 4.750% Notes due 2033, repays $600M term loan

  Issued $650M of 4.750% Notes due April 15, 2033; interest payable semi-annually starting Oct 15, 2023.

• March 8, 2023, 6:59 PM ET earnings materiality 0.70 negative item 2.02item 9.01 ◈ Earnings Releases ×2

  Brown-Forman Q3 net sales +4% to $1.1B; EPS -61% on impairment and pension charge; updates FY23 guidance

  Q3 net sales $1.1B (+4% reported, +5% organic); operating income $173M (-50% reported, -11% organic); diluted EPS $0.21 (-61%).

Executive changes

Earnings & guidance

Materiality & sentiment trend

Max materiality 0.80 · Median 0.60 · Most common event earnings

4 positive 7 negative 25 neutral

source · BF-A on sec.gov